General Electric (GE) is expected to announce a $4 billion purchase of Avio on Dec. 21, adding its long-time supplier and frequent risk-sharing partner in mechanical power transmissions and low-pressure turbines to a growing list of recent acquisitions and joint ventures designed to strengthen GE Aviation’s control over technology development. GE’s purchases of Avio components for civil and military engines makes it the Italian manufacturer’s biggest customer, but Avio has a customer ...


You must be a paid subscriber to access "GE To Close $4 Billion Avio Purchase This Week".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.