GE Aerospace (NYSE:GE) and the Polish Ministry of National Defense finalized an offset agreement for the anticipated purchase of 96 Boeing Company (NYSE:BA) AH-64E Apache Guardian helicopters, which will use GE's T700 engines.
The offset agreement with WZL-1 and WAT will generate high-value jobs in Poland and provide advanced engine MRO technology, training, and support, enhancing Poland's defense industry and Apache fleet maintenance.
Under the agreement, WZL-1 will handle licensed MRO support for T700/CT7 engines on Apache, S-70i Black Hawk, and Leonardo AW149 and AW101 helicopters.
WAT will oversee training for Polish technicians, military personnel, and WZL-1 employees to support these helicopters and train future engineering staff for the Polish Armed Forces.
These partnerships will provide the Polish Ministry of National Defense with a complete engine depot and domestic training capabilities, ensuring supply security for T700/CT7-powered platforms.
The T700/CT7 family of turboshaft and turboprop engines currently powers 15 helicopter and fixed-wing aircraft types, serving over 130 customers across more than 50 countries.
To date, over 25,000 T700/CT7 engines have been delivered, accumulating more than 130 million flight hours.
Rita Flaherty, vice president, Global Sales & Business Development at GE Aerospace, said, "These collaborations with WZL-1 and WAT will be the key to ensuring Poland has the right capabilities and resources to support Poland's growing fleet of GE Aerospace's T700/CT7 engines."
"WZL-1 has significant expertise in engine MRO services and WAT is known for its sophisticated military training and producing well qualified technicians who will work on these engines for decades to come."
"Both partners perfectly complement the Polish Armed Forces' requirement for in-country capabilities, and GE Aerospace looks forward to working with these Polish companies as they support the T700/CT7 family of engines."
Last month, GE revealed that EVA Air, following its recent order for four Boeing 787-10 Dreamliners, has also ordered GEnx engines for their new aircraft.
Investors can gain exposure to the stock via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and TCW Transform Systems ETF (NYSE:NETZ).
Also Read: GE Aerospace Q2 Earnings: EPS Beat, Order Growth, Hikes Annual Profit And Cash Flow Outlook
Price Action: GE shares are down 0.69% at $159.17 at the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
通用電氣航空(紐交所:GE)與波蘭國防部敲定了一項抵消協議,用於購買96架波音公司(紐交所:BA)AH-64E阿帕奇衛士直升機,將使用GE的T700發動機。
與WZL-1和WAt的抵消協議將在波蘭創造高附加值的就業機會,並提供先進的發動機MRO技術、培訓和支持,增強波蘭的國防工業和阿帕奇機隊維護。
根據協議,WZL-1將負責Apache、S-70i黑鷹和AW149、AW101直升機上T700/CT7發動機的授權MRO支持。
WAt將負責爲波蘭技術人員、軍事人員和WZL-1員工提供培訓,以支持這些直升機,並培訓未來的波蘭武裝部隊工程人員。
這些合作伙伴將爲波蘭國防部提供完整的發動機庫存和國內培訓能力,確保T700/CT7動力平台的供應安全。
T700/CT7渦軸式和渦輪螺旋槳發動機系列目前爲15種直升機和固定翼飛機提供動力,服務於來自50多個國家的130多個客戶。
截至目前,已交付超過25,000台T700/CT7發動機,累計飛行時間超過13000萬小時。
GE航空公司全球銷售和業務拓展副總裁麗塔·弗萊厄蒂表示:“與WZL-1和WAt的這些合作是確保波蘭具備支持GE航空公司T700/CT7發動機不斷增長的機隊所需的正確能力和資源的關鍵。”
“WZL-1在發動機MRO服務方面擁有豐富的專業知識,而WAt以其複雜的軍事培訓和培養高素質的技術人員而著稱,這些技術人員未來幾十年將會在這些發動機上工作。”
“兩家合作伙伴完美地滿足了波蘭武裝部隊的本地能力要求,GE航空公司期待着與這些波蘭公司合作,支持T700/CT7發動機系列。”
上個月,GE披露,EVA航空公司在最近訂購了四架波音787-10夢幻客機之後,還爲其新飛機訂購了GEnx發動機。
投資者可以通過iShares美國航空航天和國防ETF(BATS:ITA)和TCW Transform Systems ETF(NYSE:NETZ)獲得該股的暴露。
此外閱讀:GE航空公司Q2收益:每股收益超過預期,訂單增長,提高年度利潤和現金流預期
價格行動:截至上週一最後一次查詢,GE股票下跌0.69%,報價159.17美元。
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