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Friday, November 27th, 2009

Walters Named President of GE Joint Venture

June 14, 2009 by Stephen Kersey  
Filed under Business

Walters Named President of GE Joint Venture

Steve Walters has been named as the president of a joint venture between General Electric and SAFRAN. The joint venture was announce in 2008 and features Middle River Aircraft Systems (the General Electric subsidiary) and Aircelle (SAFRAN’s subsidiary).
Together the two companies will develop, support and produce nacelles that will be used on next-generation airliners.
Walters, who has spent most of his professional career with General Electric in various capacities, sounds ready to tackle the challenge.
Said Walters: “This is an exciting time for the joint venture, as airlines are seeking more efficient and more environmentally-friendly solutions for the next generation of airliners. …read more


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