GE Aerospace Invests $1 Billion in Global MRO and Component Repair Facilities

Author

Slice of Manufacturing Team
July 23, 2024

Key Highlights:

  • $1 billion investment over five years in MRO and component repair facilities.

  • Expansion includes new engine test cells and cutting-edge technology.

  • $250 million in 2024 for facilities expansion, new machines, and safety enhancements.

  • Major investment in CFM LEAP engines* to meet growing demand.

  • Launching Services Technology Acceleration Center (STAC) near Cincinnati, Ohio.

Source (Business Wire)

Notable Quote:

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"Our customers are experiencing strong air travel demand, and we are investing to increase our capacity and efficiency so we can meet their growing needs and keep their planes flying safely and reliably. With this major investment, we are reinforcing our longstanding focus on safety, quality, and delivery for our customers and the flying public."

Russell Stokes, President and CEO, Commercial Engines and Services at GE Aerospace

Our Take:

GE Aerospace’s substantial investment in its MRO and component repair facilities underscores its commitment to maintaining a robust and efficient service network amidst rising global air travel demand. This strategic move not only bolsters its capacity to support the expanding fleet of CFM LEAP* engines but also ensures the incorporation of advanced technologies to enhance service quality and reduce turnaround times. The opening of the Services Technology Acceleration Center (STAC) near Cincinnati signifies a pivotal step in leveraging innovative inspection techniques to minimize downtime, ultimately benefiting customers and enhancing operational efficiency. With a global network of facilities receiving significant upgrades, GE Aerospace is well-positioned to deliver exceptional value and maintain its leadership in the aerospace industry.