GE Aviation Sets Billion Dollar Goal

GE Aviation is aiming to expand its Business and General Aviation business to $1 billion in revenues by 2020 from the current $300 million level. This is already significantly up from the $150 million it turned over in 2008. Brad Mottier, vice president and general manager of the unit, said $1 billion has been the goal he has headed for since 2008. The challenge, he believes, is to right-size products from the larger GE Aviation into engine technology for business aircraft “that the market can afford.”