GE Aviation, Woodward Combine Fuel Systems Expertise For New Joint Venture | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Sun, May 24, 2015

GE Aviation, Woodward Combine Fuel Systems Expertise For New Joint Venture

JV Awarded Fuel System For GE9X Engine Powering The New Boeing 777X

Woodward has announced a strategic 50/50 joint venture for fuel systems for GE's large commercial aircraft engine lines. The new joint venture will design, develop, source, supply and service the fuel system, including components from the fuel inlet up to the fuel nozzle, for the GE90, GEnx, GE9X and all future large commercial engines developed by GE Aviation. Woodward will be the preferred supplier to the joint venture.

"The fuel systems are a key component to GE's advanced technology aircraft engines, and Woodward has a strong reputation in fuel systems development and manufacturing," said David Joyce, President and Chief Executive Officer of GE Aviation. "The joint venture will further strengthen both companies' capabilities and secure a high quality fuel systems supplier for GE's record production volume on large commercial engines."

Production rates for jet engines and components from GE Aviation have increased significantly during the last five years, with large commercial engine production more than doubling to close to 500 engines in 2015. With a backlog of more than 1,600 high-thrust engines like the GE90, GEnx and GE9X, the high production rates will continue well into the future.

"This deal formalizes and strengthens the longstanding relationship between Woodward and GE and captures significant content on the new GE9X," said Tom Gendron, Chairman and Chief Executive Officer of Woodward. "We believe the joint venture structure will leverage both companies' respective strengths and optimize fuel system performance."

Under terms of the joint venture agreement, Woodward will receive $250 million in cash and the parties will participate jointly in the operating results of the respective programs. Completion of the transaction is subject only to customary regulatory approvals, and it is expected to close near the end of calendar 2015.

This joint venture with Woodward and the related program award is in line with GE's strategy to ensure a stable supply chain to manage production volume growth. Among the other notable joint ventures are partnerships with Aircelle, BAE, NCK, Parker Hannafin, Safran, SKF and Turbocoating SPA.

(Image from file)

FMI: www.woodward.com, www.ge.com/aviation

Advertisement

More News

KidVenture Educational Activities Lineup At EAA AirVenture 2025

Youth Explore With Hands-On Builds, RC Airplanes, Flight Sims, Much More KidVenture is located just north of the EAA Aviation Museum, at Pioneer Airport, and has arranged a myriad >[...]

Aero-News: Quote of the Day (07.07.25)

“About nine decades ago, Amelia Earhart was recruited to Purdue, and the university president later worked with her to prepare an aircraft for her historic flight around the >[...]

Airborne 07.07.25: Sully v Bedford, RAF Vandalism, Discovery Moving?

Also: New Amelia Search, B737 Flap Falls Off, SUN ‘n FUN Unveiling, F-16 Record Captain Sully Sullenberger, the pilot who saved 155 people by safely landing an A320 in the Hu>[...]

Aero-News: Quote of the Day (07.08.25)

"It is critically important for North American flight safety that Temporary Flight Restriction (TFR) violations are avoided. All pilots must familiarize themselves with updates to >[...]

Airborne-NextGen 07.08.25: Joby in Dubai, Army Electra, Archer iin Abu Dhabi

Also: Hackers v Aviation, Discovery Moving?, Gogo Galileo HDX, EVE to Costa Rica Joby Aviation announced its electric air taxi successfully completed a series of VTOL wingborne tri>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC