Company Directory - GE Aerospace
Company Details - GE Aerospace
GE Aerospace
GE Aerospace provides jet engines, components, and technology solutions for the aerospace industry.
CCI Score
CCI Score: GE Aerospace
-3.71
Latest Event
Student Divestment Campaign Targets GE Aerospace
Activists at universities have renewed calls for divestment from defense contractors over their ties to the Israeli military. GE Aerospace was mentioned among companies including Palantir, L3Harris, and RTX Corporation, as investors pressured their institutions to cut financial ties with these firms due to their roles in supporting military operations.
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BYSTANDER
GE Aerospace is currently rated as a Bystander.
Latest Events
- MAY202025
Activists at universities have renewed calls for divestment from defense contractors over their ties to the Israeli military. GE Aerospace was mentioned among companies including Palantir, L3Harris, and RTX Corporation, as investors pressured their institutions to cut financial ties with these firms due to their roles in supporting military operations.
- JAN302025
Union members from IUE-CWA demonstrated at the Aero-Engines Conference in Dallas on January 30, 2025, calling on GE Aerospace to invest in skilled workers and improve labor conditions ahead of national contract negotiations, stressing the need to prioritize workforce welfare over stock buybacks.
+70
Labor Relations and Human Rights Practices
May 20
The union-led campaign highlights a strong call for improved labor practices and worker rights at GE Aerospace. By demanding prioritization of skilled labor investments over financial maneuvers like stock buybacks, the union is advocating for fair labor treatment and reinforcing anti-authoritarian, pro-worker values.
- FEB092024
Following a routine OFCCP review that uncovered discriminatory hiring practices adversely affecting female applicants at its Rutland, Vermont facility, GE Aerospace entered into a conciliation agreement. The company agreed to pay $443K in back wages to 116 affected applicants, extend 14 job opportunities to female applicants, and implement workplace training to ensure equal hiring opportunities.
+75
Labor Relations and Human Rights Practices
May 20
GE Aerospace's resolution of gender-based hiring discrimination by providing financial compensation and creating job opportunities reflects a corrective move towards fair labor practices and human rights. Although the company initially violated equal opportunity standards, the remedial actions demonstrate a commitment to rectifying past harms.
GE Aerospace resolves alleged gender-based hiring discrimination, pays $443K in back wages
- FEB072024
GE Aerospace settled allegations of gender-based hiring discrimination by agreeing to a $443K settlement, which includes back wages and interest for 116 female applicants at its Rutland, Vermont facility. The settlement follows a federal review that found statistically significant disparities in hiring practices between female and male applicants.
-60
Labor Relations and Human Rights Practices
May 20
The settlement highlights a serious failure in upholding fair labor practices. GE Aerospace's agreement to pay back wages and interest, and to modify its hiring practices, reflects negatively on its ethical responsibility and treatment of workers, thus earning a negative score under Labor Relations and Human Rights Practices.
GE Aerospace to pay $443K in gender discrimination settlement
- NOV062023
GE Aerospace, a division of General Electric Co., will pay $9.41 million to resolve allegations of violating the False Claims Act by selling uninspected parts to US Army and Navy customers between July 2012 and December 2019, as reported by the Justice Department.
-40
Business Practices and Ethical Responsibility
May 20
The settlement reflects a violation of the False Claims Act, highlighting unethical business practices in selling parts that failed proper inspection for military use. This breach undermines accountability and public trust in corporate oversight, while potentially compromising ethical standards in dealings with government entities.
GE Aerospace to Pay $9.4M to Resolve False Claims Act Violations
- NOV062023
GE Aerospace, an operating division of General Electric, has agreed to pay $9.4 million to resolve allegations that its Lynn, Mass. manufacturing facility sold nonconforming engine parts to the U.S. Army and Navy without proper inspections, in violation of the False Claims Act.
-70
Business Practices and Ethical Responsibility
May 20
GE Aerospace admitted to failing to perform mandatory parts inspections at its Lynn facility, resulting in the sale of nonconforming engines to U.S. military customers. This violation of the False Claims Act undermines corporate accountability and ethical business practices, reflecting a significant breach in ethical responsibility.
GE Aerospace Agrees to Pay $9.4 Million to Resolve Allegations of False Claims Act Violations
- NOV012023
GE Aerospace agreed to pay $9.4 million to settle allegations of substandard manufacturing practices and false claims at its Lynn jet engine plant, which jeopardized safety standards in military procurement and put military personnel at risk.
-50
Business Practices and Ethical Responsibility
May 20
The settlement stems from GE Aerospace's unethical business practices involving substandard manufacturing and fraudulent claims, undermining accountability in government contracting. This behavior not only compromises quality and safety for critical military components but also reflects poor corporate ethical standards.
GE Aerospace to Pay a $9.4 Million Settlement With the DOJ Over Substandard Manufacturing Practices
- JUL062023
Approximately 500 IAM Local 912 members in Cincinnati ratified a new 26‑month labor contract at GE Aerospace. The agreement, effective July 2023, secures defined benefit pensions, improves retirement savings, ensures wage increases for 2023 and 2024, and guarantees job security along with additional benefits such as expanded leave and protective equipment allowances.
+80
Labor Relations and Human Rights Practices
May 20
The ratified contract demonstrates GE Aerospace's commitment to upholding strong labor relations and protecting worker rights. By securing maintained pension plans, improved retirement savings, wage hikes, job security, and better benefits, the company supports progressive labor practices and resists authoritarian labor cost-cutting measures. This is a clear win for unions and a positive indicator from an anti-fascist perspective.
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Industries
- 336411
- Aircraft Manufacturing
- 336412
- Aircraft Engine and Engine Parts Manufacturing
- 336413
- Other Aircraft Parts and Auxiliary Equipment Manufacturing
- 541715
- Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)