GE Aerospace investing more than $1B to update facilities

Ohio-based GE Aerospace, an aerospace propulsion, services, and systems company, recently announced it plans to invest more than $1 billion worldwide over five years in its Maintenance, Repair and Overhaul (MRO) and component repair facilities.

This year, the company will invest $250 million to expand buildings, purchase machines and tooling, and implement safety enhancements. The company will invest approximately $65 million in the United States, approximately $60 million in Europe and Middle East, approximately $55 million in South America, and approximately $45 million in Asia Pacific.

The investments will help the company create growth in both the widebody and narrowbody market, reduce turnaround times for customers, and support growing demand for CFM LEAP engines.

“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,” Russell Stokes GE Aerospace President and CEO of Commercial Engines and Services, said. “With this major investment, we are reinforcing our longstanding focus on safety, quality, and delivery for our customers and the flying public.”

GE Aerospace’s MRO facilities service more than 40,000 commercial aircraft engines. Services include engine disassembly and reassembly, inspection, maintenance, repair, and testing.

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