General Electric announced a definitive agreement to acquire the assets of Czech Republic's
Walter Engines, which it said "will broaden GE's capabilities in the small turboprop segment of aviation." Financial details were not disclosed.
The specifically developed unit for static test firings on the test stand at normal atmospheric conditions includes original manufacturing solutions within a general design background similar to the
Walter engines. The contribution to the technology stands in the dismantable design for all engine blocks, including the cooling jacket and the spray-injector head.
GE has renamed its Czech operation as GE Aviation's Business & General Aviation Turboprops, reflecting its plan to turn the former
Walter Engines, which it bought in 2008, into the centrepiece of a bid to dramatically increase its share of the business and general aviation market.
GE Aviation GE has renamed its Czech operation as GE Aviation's Business & General Aviation Turboprops, reflecting its plan to turn the former
Walter Engines, which it bought in 2008, into the centrepiece of a bid to dramatically increase its share of the business and general aviation market.
GE Aviation purchased the Czech manufacturer
Walter Engines in 2008 to enter the general aviation market Apr 1, 2010