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Re: desarcmo post# 53510

Tuesday, 09/05/2017 7:40:46 PM

Tuesday, September 05, 2017 7:40:46 PM

Post# of 81999
I agree with you on the Woodward connection. PrintRite 2.0 being installed on Woodward a Tier 1 supplier certainly indicates to me that the GE connection cannot be ruled out. I felt the same with the Materialise/GE announcement as well considering that PrintRite is complementary to Streamics.

Just some DD some those who were unaware

GE Aviation, part of General Electric Company GE , and industrial goods manufacturer Woodward, Inc. WWD recently entered into a joint venture with an equal stake to enhance fuel systems for General Electric's large commercial aircraft engine lines. Per the agreement, Woodward will receive $250 million in cash. The transaction is expected to close by the end of 2015.

The fuel systems are vital to General Electric's advanced technology aircraft engines and this new venture will design, develop, supply and service the fuel system for the GE90, GEnx, GE9X and other large commercial engines that are being developed by it.

Woodward will be the preferred supplier to the joint venture, which ensures a stable supply chain for General Electric to manage production volume growth.


http://www.nasdaq.com/article/ge-aviation-woodward-form-jv-to-enhance-fuel-systems-analyst-blog-cm479391
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