GE Aerospace announced that it plans to invest nearly $1 billion to strengthen manufacturing and increase the use of new materials and parts needed for the future of aviation. The company expects the investment to help increase engine safety, quality and delivery.
The company also announced it intends to hire around 5,000 U.S. workers this year, including both manufacturing and engineering roles.
Most Read on Manufacturing.net:
GE Aerospace aims to grow its capacity and expand several key sites, especially those that support the production and assembly of the narrowbody CFM LEAP engine, where deliveries are expected to increase by 15% to 20% this year.
The company’s investments are also scaling the production of innovative parts made from new materials and advanced manufacturing processes that provide engines with more range, power and efficiency.Â
This includes additive manufacturing, which reduces part count, increasing fuel efficiency and durability while providing greater design freedom as well as ceramic matrix composites (CMCs). CMCs are one-third the weight of traditional materials but can operate at up to 500 degrees hotter, meaning greater power and durability for engines.
The almost $1 billion investment includes $100+ million dedicated to the company’s external supplier base, providing investments to ensure suppliers are using the newest tools to produce parts, further reducing defects and supply chain constraints. Â
Click here to subscribe to our daily newsletter featuring breaking manufacturing industry news.