In a way, it is typical for Slattery that he is emerging from what looked like a bleak professional situation, given his own expectations, to landing one of the biggest jobs the industry has to offer: CEO of GE Aviation.
GE Aviation will lay off as much as 25% of its workforce this year, including the voluntary and involuntary cuts it’s already taken, because of a downturn in its commercial aviation business.
Drone operating system developer Auterion has released the reference design for a new family of unmanned aircraft systems avionics modules and announced GE Aviation as the launch manufacturer of its own high-reliability module for drone operations.
The release of the second draft on April 24 by the Air Force Lifecycle Management Center moves the competition closer to a formal bidding phase scheduled to begin later this year.
Pittsburgh-based Allegheny Technologies (ATI) and GE Aviation have reached agreement on several new long-term contracts worth a total of around $2.5 billion to ATI for the supply of iso-thermal and hot-die forgings used in the manufacture of commercial jet engines, the companies announced Dec. 10.