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XEOS inaugurates CFM LEAP maintenance in Poland
Prnewswire· 2025-03-24 11:30
Core Insights - GE Aerospace inaugurated the XEOS facility in Poland, a joint venture with Lufthansa Technik, focusing on the maintenance, repair, and overhaul of CFM LEAP engines [1][2] - The facility aims to enhance MRO capabilities for LEAP engines, which are used in popular aircraft like Airbus A320neo and Boeing 737 MAX [1][2] Company Developments - XEOS is currently performing LEAP-1B shop visits and supporting LEAP-1A module work, with plans to expand its testing capabilities [2] - The facility spans 35,000 square meters and includes advanced features such as an engine prep hall, assembly and disassembly areas, and a training center [4] - The workforce at XEOS is expected to grow from 250 employees as capacity is built, with a focus on training and developing local talent [5] Strategic Partnerships - LOT Polish Airlines has selected Lufthansa Technik for the maintenance of its CFM LEAP-1B engines, with the first engine inducted at the XEOS facility [3] - The partnership with local universities and suppliers is part of GE Aerospace's commitment to developing a skilled aerospace workforce in Poland [2] Industry Impact - The establishment of XEOS is seen as a significant boost for the aerospace sector in Poland, providing local servicing capabilities for LEAP engines [4] - GE Aerospace has a long-standing relationship with LOT Polish Airlines, having powered their fleet with various engine types for over 25 years [5][6]
GE Aerospace Wins Deal From U.S. Air Force to Supply F110 Engines
ZACKS· 2025-03-18 16:20
Core Insights - GE Aerospace has secured a $5 billion IDIQ contract from the U.S. Air Force to deliver F110-GE-129 engines for F-15 and F-16 aircraft managed by allied nations globally [1] - The F110 engine has achieved over 11 million flight hours and has been in continuous production for 40 years, showcasing its reliability and performance in military applications [2] - The recent contract highlights the ongoing collaboration between GE Aerospace and the U.S. Air Force, with additional contracts from the Polish Armed Forces and the U.S. Army further driving growth [3][4] Company Performance - GE Aerospace is currently rated as a Zacks Rank 1 (Strong Buy), benefiting from a growing installed base and increased utilization of engine platforms due to strong momentum in both commercial and defense sectors [5] - The company's shares have increased by 22.6% over the past three months, contrasting with a 4.3% decline in the industry [6]