50 SKY SHADES - World aviation news

How "Domain Expertise" Gave General Electric a Competitive Advantage in Aviation

Download: Printable PDF Date: 30 Aug 2015 13:35 category:
Publisher:
How "Domain Expertise" Gave General Electric a Competitive Advantage in Aviation - Manufacturer publisher
Tatjana Obrazcova
Source: Trove

Nearly 30 years ago, GE developed a super material for power generation that is now helping it win in aviation.

General Electric's (NYSE:GE) co-developed LEAP jet engine with Safran has made history as the fastest-selling product in aviation history. To date, CFM International, General Electric's 50-50 joint venture with Safran, has received orders for 9,550 LEAP engines worth $134 billion at list prices.

The LEAP engine is 15% more fuel efficient than the engine it replaces, thanks in part to General Electric's "domain expertise" in developing cutting-edge materials, 3D printing, turbomachinery, and unparalleled understanding of harsh environments. General Electric acquires domain expertise from operating its seven industrial segments, which often share common threads, and has shown it can take a solution for one business and readily transfer it to another.

Ultimately, the ability to cross-utilize domain expertise helps GE gain a competitive advantage in the marketplace. The following presentation examines how General Electric's used its domain expertise in materials development for gas turbines to help it gain a competitive advantage in aviation.



Loading comments for How "Domain Expertise" Gave General Electric a Competitive Advantage in Aviation...


Recommended

Euramec adds Leonardo, Eurocopter and Bell, Specialty Flight Simulator lines

Euramec, the European flight simulation solution providers, announced it has signed a non-exclusive distribution agreement with GeoSim Technologies for the worldwide distribution of GeoSim’s rot...

Lufthansa Technik Malta has started technical services on Airbus A350

Lufthansa Technik Malta started to carry out technical services on the Airbus A350. A first aircraft, an Airbus A350-1000 from an undisclosed customer, received a cabin modification in September....

South Korea goes for the modernization of Ka-32 helicopter fleet

Rostec State Corporation will offer its partners from South Korea the modernization of Ka-32 multipurpose helicopter fleet. The program for upgrading this type of helicopters will be presented at Seou...

First Air Astana Airbus A321 Long Range aircraft presented at ceremony in Nur-Sultan

Air Astana presented its first Airbus A321 Long Range (LR) aircraft at a ceremony held in the airline’s technical centre at Nursultan Nazarbayev International Airport . The airline is the f...