GE Aerospace managing director, component repair Singapore, Iain Rodger (center left) and Singapore Economic Development Board VP Singapore Jingxin Zhang (center right) at the investment plan signing.
The Singapore Economic Development Board (EDB) has signed separate plans that will see two major US aerospace companies make significant technology advancement investments in Singapore.
One of those deals is a five-year agreement with engine maker GE Aerospace that will focus on enhancing engineer repair operations. The deal, which GE said could be worth up to $300 million, will aim to make possible faster turnaround times and improved connectivity using advanced automation, digitization, and AI-enabled inspection technologies.
EDB and GE Aerospace also signed an MoU outlining an intent to begin discussions on developing advanced repair capabilities in Singapore.
Separately, the EDB also used the Singapore Airshow as a stage to sign multiple MoUs with RTX businesses Collins Aerospace and Pratt & Whitney, which will each expand and introduce new capabilities in Singapore to support next-generation commercial aircraft platforms. RTX said it will invest over $139 million in the initiative.
"These new MoUs build on our 50-year presence in the country and reflect our continued commitment to Singapore as a strategic hub for developing next-generation aerospace technologies,” RTX VP international operations Chris Haave said.
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