GE Aerospace, Qatar Airways
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The T901 is the product of the Army’s Improved Turbine Engine Program (ITEP), slated to replace the existing engines in the UH-60 and AH-64 fleets. Two engines have been delivered to Sikorsky and installed on a Black Hawk.
White House on Thursday said Abu Dhabi-based Etihad will buy 28 American-made Boeing 787 and 777X aircraft powered by GE engines.
Shares of GE Aerospace GE rallied 2.75% to $229.38 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.41% to 5,916.93 and the Dow Jones Industrial Average DJIA rising 0.65% to 42,322.75. This was the stock's seventh consecutive day of gains.
Shares of General Electric (NYSE:GE) were on track for their seventh straight session of gains, as the stock rose more than 2.5% to $229.50 on Thursday. The company gained more than 6% in the past six trading days.
Etihad CEO Antonoaldo Neves said in April that Etihad planned to add 20 to 22 new planes in 2025. Read more at straitstimes.com. Read more at straitstimes.com.
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Discover the latest Etihad investment announcement involving $14.5 billion in American-made aircraft from Boeing and GE.
The test campaign of HPT blades and nozzles demonstrated improved durability and fuel efficiency compared to conventional turbine technology.
NASHVILLE—The U.S. Army’s plan to end the Improved Turbine Engine Program (ITEP) may not be final, as budget deliberations may extend development of the GE Aerospace T901.