Company type | Subsidiary |
---|---|
Industry | Engineering |
Founded | January 3, 1963 |
Headquarters | , |
Number of employees | 37,800 (2007) [1] |
Parent | GE Aerospace |
Website | www |
GE Aviation Systems (formerly Smiths Aerospace) is an American aerospace engineering, aircraft engine and aircraft parts manufacturer.
Smiths Aerospace was formerly one of four business units of Smiths Group plc., an engineering company and constituent of the FTSE 100 share index. However, it was announced on January 15, 2007 that Smiths Group was divesting Smiths Aerospace to General Electric for US $4.8 billion. [2] Smiths Aerospace, which was an important supplier, became an operating subsidiary of GE Aviation. This acquisition reportedly gives the combined unit the clout to resist pricing pressures from its two largest customers, Boeing Commercial Airplanes and Airbus. [2] Analysts further assert that it will enable General Electric to acquire assets similar to those it desired in its failed bid for Honeywell in 2000. [2] GE Aviation completed the transaction on May 4, 2007. [3]
The company is involved with Boeing's KC-767 [4] and F/A-18E/F Super Hornet, Lockheed Martin's F-35 Lightning II, F-22 Raptor, and C-130J Hercules, and the Eurofighter Typhoon. Smiths engine components equip many major military and civil gas turbine engines, providing critical technologies from intake to exhaust.
Smiths Aerospace was initially formed from the takeover of TI Group's aerospace activities, including firms such as Dowty Rotol. In 2000, they acquired the former electronics and avionics division of Fairchild Defense from Orbital Sciences corporation. [5]
Rockwell International was a major American manufacturing conglomerate involved in aircraft, the space industry, defense and commercial electronics, components in the automotive industry, printing presses, avionics and industrial products. At its peak, Rockwell International was No. 27 on the Fortune 500 list, with assets of over $8 billion, sales of $27 billion and 115,000 employees.
Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of RTX Corporation. Pratt & Whitney's aircraft engines are widely used in both civil aviation and military aviation. Its headquarters are in East Hartford, Connecticut. The company is the world's second largest commercial aircraft engine manufacturer, with a 35% market share as of 2020. In addition to aircraft engines, Pratt & Whitney manufactures gas turbine engines for industrial use, marine propulsion, and power generation. In 2017, the company reported that it supported more than 11,000 customers in 180 countries around the world.
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry.
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft.
Kaman Corporation is an American aerospace company, with headquarters in Bloomfield, Connecticut. It was founded in 1945 by Charles Kaman. During the first ten years the company operated exclusively as a designer and manufacturer of several helicopters that set world records and achieved many aviation firsts.
Mitsubishi Heavy Industries, Ltd. is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors.
Parker Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland.
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Israel Aerospace Industries, is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both military and civilian usage. It has 14,000 employees as of 2021. IAI is state-owned by the government of Israel.
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Unison Industries, LLC, headquartered Jacksonville, Florida, is involved in the design, manufacture, and integration of electrical and mechanical components and systems for aircraft engines and airframes.
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Precision Castparts Corp. is an American industrial goods and metal fabrication company that manufactures investment castings, forged components, and airfoil castings for use in the aerospace, industrial gas turbine, and defense industries. In 2009 it ranked 362nd on the Fortune 500 list, and 11th in the aerospace and defense industry. In 2015 it ranked 322nd overall and 9th in the aerospace and defense industry. In 2014 it ranked 133rd on the S&P 500 based on market capitalization. In January 2016, the company became a wholly owned subsidiary of Berkshire Hathaway. Before that event, it used to be one of the three Fortune 500 companies headquartered in Oregon.
ST Engineering Aerospace, formerly known as ST Aerospace, is the commercial aerospace entity of ST Engineering. Headquartered in Singapore, it has international offices and facilities located at aviation hubs in Asia-Pacific, Europe and the United States. ST Engineering's Commercial Aerospace business provides aircraft design and engineering, original equipment manufacturing, nose-to-tail aftermarket and maintenance services as well as assets management and leasing. And also passenger-to-freighter conversion or refurbishment.
B/E Aerospace, Inc. was a manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets. B/E Aerospace had leading worldwide market shares in all of its major product lines and served virtually all of the world's airlines, aircraft manufacturers and leasing companies through its direct global sales and customer support organizations. Based in Wellington, Florida, the company was capitalized as a $4.2 billion corporation as of January 2016.
Honeywell Aerospace Technologies is a manufacturer of aircraft engines and avionics, as well as a producer of auxiliary power units (APUs) and other aviation products. Headquartered in Phoenix, Arizona, it is a division of the Honeywell International conglomerate. It generates approximately $10 billion in annual revenue from a 50/50 mix of commercial and defense contracts.
AerCap Holdings N.V. is an American-Irish aviation leasing company headquartered in Dublin, Ireland, with offices around the world. AerCap is listed on the NYSE with the ticker 'AER'. It became the largest aviation leasing company in the world following the acquisition of ILFC in 2014, and GECAS from GE in 2021, for over $30 billion.
StandardAero is a maintenance, repair and overhaul (MRO) provider based in Scottsdale, Arizona, US. The company is not related to Standard Aircraft Corporation, which was formed in 1916 and ceased operations in 1931 as New Standard Aircraft Company.
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