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Friday, September 15, 2017 2:53:20 AM
"We've doubled our footprint of production"
https://www.ge.com/investor-relations/events-reports
Morgan Stanley Laguna Conference
September 14, 2017
10:35 AM EDT
GE Aviation President and CEO David Joyce presented.
Watch Now
Download Presentation
General Electric Company's Management Presents at Morgan Stanley Laguna Conference (Seeking Alpha Transcript) - Sep. 14, 2017
From the beginning of the transcript:
Our business, in general, aviation as well as the integrated systems business about 1.5 and then Avionics and Digital at about $800 million. And then Avio Aero, this is third-party external sales of about $900 million. So it does take out any of the sales to ourselves and Avio has been just an absolutely terrific new family member, not new quite frankly now, but a great family member.
And we added the GE additive portfolio in 2016. So let me just start with that. Look, I got to be honest with you. We are more bullish about additive today than we were when we started this journey. We closed on our chem (ARCAM) and concept laser at the end of last year. We're ahead of plan on internal adoption. We’ve about 80 -- we’ve 80 engineers dedicated to additive tiger teams, which worked with everyone of the businesses to help them solve some of their toughest problems, whether they would be productivity or costs or turn time, and we are just finding that there really isn't (IS) a point where there's an epiphany of disruption that occurs when you look at additive and what it can do.
So we’re very excited about it, both at aviation and then the rest of the company. We've doubled our footprint of production, both in Sweden and Gothenburg, and in Lichtenfels, in Germany. We are now at nine machines a week and growing and we’ve launched the largest powder bed machine in the industry available for purchase just this year. So, we are on performing (ph) a business plan, more excited in additive and I will take any questions on this as we move on.
https://www.ge.com/investor-relations/events-reports
Morgan Stanley Laguna Conference
September 14, 2017
10:35 AM EDT
GE Aviation President and CEO David Joyce presented.
Watch Now
Download Presentation
General Electric Company's Management Presents at Morgan Stanley Laguna Conference (Seeking Alpha Transcript) - Sep. 14, 2017
From the beginning of the transcript:
Our business, in general, aviation as well as the integrated systems business about 1.5 and then Avionics and Digital at about $800 million. And then Avio Aero, this is third-party external sales of about $900 million. So it does take out any of the sales to ourselves and Avio has been just an absolutely terrific new family member, not new quite frankly now, but a great family member.
And we added the GE additive portfolio in 2016. So let me just start with that. Look, I got to be honest with you. We are more bullish about additive today than we were when we started this journey. We closed on our chem (ARCAM) and concept laser at the end of last year. We're ahead of plan on internal adoption. We’ve about 80 -- we’ve 80 engineers dedicated to additive tiger teams, which worked with everyone of the businesses to help them solve some of their toughest problems, whether they would be productivity or costs or turn time, and we are just finding that there really isn't (IS) a point where there's an epiphany of disruption that occurs when you look at additive and what it can do.
So we’re very excited about it, both at aviation and then the rest of the company. We've doubled our footprint of production, both in Sweden and Gothenburg, and in Lichtenfels, in Germany. We are now at nine machines a week and growing and we’ve launched the largest powder bed machine in the industry available for purchase just this year. So, we are on performing (ph) a business plan, more excited in additive and I will take any questions on this as we move on.
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