When all is said and done about General Electric’s recently announced historic restructuring—and why the 125-year-old behemoth kept aviation as one of its three core business units— observers may be able to explain it in just two words: additive manufacturing. “We had what I would consider a real point of understanding, the epiphany of disruption associated with additive, as we were working through it on Leap,” says David Joyce, GE vice chair and CEO and ...

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