General Electric

Head office: 41 Farnsworth Street, Boston, MA 02210, USA Tel.: +1-617-443-3000 www.ge.com | Ge Israel head office: Electra Tower 98 Yigal Alon St. TelAviv, 6789141, Israel Tel.: +972-732434211



A US-based publicly traded global digital industrial company active in the fields of power, renewable energy, oil and gas, aviation, healthcare, transportation, lighting and finance.

The company signed TSA (Transitional Service Agreement) and FSA (Functional Support Agreement) agreements with Emek Habacha Wind Energy Ltd, a Special Purpose Vehicle (SPV) corporation developing a wind energy project in the occupied Syrian Golan. The project takes up 523,200 m2 of Syrian land, and is expected to generate 96 MW through 30 wind turbines, enough to power approximately 40,000 households. Under the TSA agreement, GE will supply, transport, erect and commission the turbines. Under the FSA, GE will operate and maintain the turbines for the license period.

General Electric engines are used in Israel’s primary air and naval military platforms, including T700-GE-701C engines in the UH-60 Black Hawk and the Boeing AH-64 Apache helicopters, F110-GE-129 engines for F-16 and F-15 fighter jets, the CH-53D/E engine in the CH-53 Heavy Lift helicopter, and T-700-GE-401C engines for the SH-60F Sea-Hawk helicopter. Additionally, a GE LM2500 gas turbine is used in Israel’s naval missile ship, the Sa’ar 5.

Additionally, the company supplies Israel directly with various equipment and services through the U.S. Department of Defense’s Foreign Military Sales program. It has provided Israel with gas turbines, jet engines, support services, aircraft propellers and components, a range of other engines, and other military accessories. GE provides continued technical services to the engines in use by the Israeli military.

F-16 jets, Apache helicopters, Sa’ar ships, and other weapons systems with engines manufactured by General Electric have been used repeatedly in Israeli attacks on densely populated civilian areas, resulting in thousands of civilian casualties in Lebanon, the West Bank, and Gaza.

Apache helicopters were used against civilians and civilian vehicles during Israel’s 2006 aerial bombardment of Lebanon. Both Apache helicopters and F-16 jets were used during Israel’s military assaults on Gaza in 2008-9 and 2014, including in the targeting civilians and civilian infrastructures and in attacks on homes and refugee camps. F-16 jets were also repeatedly used in 2018 to conduct airstrikes in Gaza, resulting in civilian deaths.

Sa’ar 5 missile ships were used by the Israeli Navy during the 2006 war on Lebanon and the 2008-9 assault on Gaza and are used to enforce the illegal naval siege of Gaza.



Ownership

The company is publicly traded on the New York Stock Exchange under the ticker symbol GE (NYSE:GE).

Major shareholders: The Vanguard Group (7.25%) and BlackRock Inc. (6.24%), State Street Corporation (3.76%), FMR LLC (2.37%)

CEO and Chairman: John Flannery


Subsidiaries

The company has over 150 principal subsidiaries worldwide.


Partners

Microsoft, South32, Danfoss

The company has agreements with Enlight Renewable Energy and TAHAL Group.

All the information contained in this page is valid until Tue 11/12/2018