Business Wire
Welcome
  • Log In
  • Sign Up
Search News:
Help
http://www.ge.com/aviation
May 13, 2010 05:56 PM Eastern Daylight Time 

Two U.S. House Armed Services Subcommittees Vote to Preserve JSF Engine Competition

WASHINGTON--(BUSINESS WIRE)--The U.S. House Armed Services Seapower and Air-Land Forces subcommittees today each marked up the National Defense Authorization Bill for Fiscal Year 2011 (H.R. 5136). Recognizing that the competition created by dual-sourced engines for the Joint Strike Fighter (JSF) drives cost savings and reduces operational risk, both subcommittees voted to authorize $485 million in continued funding of the GE/Rolls-Royce F136 engine for the JSF.

“Today, the competitive environment created by having dual-sourced engines for the Joint Strike Fighter is estimated to save $1 billion during the next five years, and $20 billion over the life of the program”

“The committee has believed that competition in the F-35 engine program helps ensure against the operational risk of up to 95 percent of the entire U.S. tactical fighter fleet being grounded due to an engine problem,” said Air-Land Subcommittee Chairman Adam Smith (D-WA) at today’s markup.

This latest milestone follows a long tradition of bi-partisan Congressional support for the GE/RR F136 engine. Congress has funded the engine for 14 years in order to preserve competition on the largest weapons procurement program in history. Competing engines have been an integral component of the JSF program from its inception, and competitive behavior is proven to control costs: Government Accountability Office estimates have predicted that competition between the two F-35 engine makers could lead to long-term savings of up to 20 percent for the $100 billion engine program.

“Competition has been demonstrated to help limit cost growth in acquisition programs, including as the first alternate engine program did for the F-15, F-16 and F-14. And competition has also been demonstrated to motivate contractor responsiveness, technical innovation, and improve engine maintainability, reliability, and durability,” said Smith.

The F136 development program is more than 70 percent complete and scheduled for flight testing next year.

“Today, the competitive environment created by having dual-sourced engines for the Joint Strike Fighter is estimated to save $1 billion during the next five years, and $20 billion over the life of the program," said David Joyce, president and CEO of GE Aviation. “We are gratified that members of the subcommittees strongly recognize that competition is the best cost control mechanism for the largest defense program in U.S. history.”

Contacts

GE Aviation
Rick Kennedy, 513.243.3372
rick.l.kennedy@ge.com
Mobile: 513.607.0609

Recent Stories

  • View Press Release View Press Release
    GE Aviation Delivers its First Production Wing Components for the Airbus A350 XWB
    March 07, 2013
    Photo
    HAMBLE-LE-RICE, United Kingdom--(BUSINESS WIRE)--GE delivers its first production wing components for the Airbus A350 XWB which is undergoing ground testing in Toulouse. This includes more than 3,0... more »
  • View Press Release
    GE Aviation to Provide Inertial Navigation Technology for Boeing’s Next-Generation Satellite Communications Systems
    March 06, 2013
    GRAND RAPIDS, Mich.--(BUSINESS WIRE)--GE Aviation has signed an agreement with Boeing to provide inertial navigation technology for Boeing’s Next-Generation Satellite Communications Systems. more »
  • View Press Release
    Green Skies of Peru Project Wins Environmental Award
    February 12, 2013
    KENT, Wash. & MADRID, Spain--(BUSINESS WIRE)--GE Aviation, LAN Peru, Peru’s air navigation service provider CORPAC and regulator DGAC receive environment award for the Green Skies of Peru project. more »
More Stories
RSS feed for GE Aviation
http://www.ge.com/aviation

Release Versions

  • EON: Enhanced Online News

Company Information Center

GE Aviation RSS feed for GE Aviation

NYSE:GE

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Delicious
  • Reddit
  • StumbleUpon
  • Digg
  • MySpace
  • Newsvine
  • Google Bookmark
  • Yahoo! Bookmark
  • EmailEmail
Tweet
  • EmailEmail
All News
Business Wire
  • Home
    • Home
    • Membership Benefits
    • Submit a Press Release
  • News
    • All News
    • News with Multimedia
    • News by Industry
    • News by Subject
    • News by Language
    • RSS Feeds
    • Business Wire Mobile
    • Features
    • Company NewsCenters
    • Annual Reports
  • Events
    • Trade Shows & Events
    • Earnings & Conference Calls
    • Business Wire Events
  • PR Services
    • Press Release Distribution
    • Distribution Lists
    • Industry Targeting
    • LatinoWire & Ethnic Media
    • Public Policy Wire
    • Trade Show Services
    • Photos & Multimedia Marketing
    • GloMoSoMe
    • Measurement & Analytics
    • Monitoring
    • Fax & Email Services
    • Online Newsrooms
    • News Feeds
  • IR Services
    • Material News Disclosure
    • XBRL
    • EDGAR (US)
    • IPO Services
    • SEDAR (Canada)
    • European Disclosure
    • Corporate Social Responsibility (CSR)
    • Investor Targeting
    • Mobile Alerts
    • Fax & Email Services
    • IR Sites
    • IR Resource Center
  • SEO Services
    • Press Release Optimization
    • EON: Enhanced Online News
    • Webinars & Resources
  • Journalist Tools
    • PressPass: Your News
    • Conduct Surveys
    • Business Wire News Feeds
    • Business Wire News On Your Website
    • Journalism Associations
  • Support & Education
    • FAQ
    • How to Write a Press Release
    • How To Optimize a Press Release for Search
    • Find Your News Online
    • Sample Press Release
    • Features News Tips
    • International Media Tips
    • SEC Regulations
    • Exchange Guidelines
    • White Papers
    • Webinars & Podcasts
    • Get WiredIn!
  • About Us
    • Business Wire Newsroom
    • Contact Us
    • History
    • Jobs
  • About Us
  • Contact Us
  • Site Map
  • Privacy Statement
  • Terms of Use
  • ©2013 Business Wire

More Business Wire sites

  • Canada
  • UK/Ireland
  • Deutschland
  • France
  • Italy
  • Japan
  • EON: Enhanced Online News
  • Tradeshownews.com
  • PYMNTS.com

About Us

  • Business Wire Newsroom
  • Contact Us
  • Business Wired blog

News on BusinessWire.com

  • All News
  • RSS Feeds
  • Business Wire Mobile Apps

Follow Us on Twitter

  • @BusinessWire
  • @BWSportsWire
  • @BWPolitics
  • @BWCSRNews
  • @EONpr
  • @TradeshowNews
  • @BW_Canada
  • @BWIntlMedia
  • @BWInfoDiva
  • @BusinessWireFR
  • @BWLatinoWire

Like Us on Facebook

  • Business Wire
  • Tradeshow News