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GE Praises House Vote on Joint Strike Fighter

May 27, 2010

FAIRFIELD, CT -- Responding to the U.S. House of Representatives vote in favor of continued funding for the competitive engine being developed by GE and Rolls-Royce for the Pentagon's Joint Strike Fighter (JSF) program, GE issued the following statement: 

"We are pleased that the U.S. House of Representatives has once again voted in favor of the JSF competitive engine. This vote reaffirmed the Congress' strong and long-standing commitment to the F136 program. It is a win for competition and a win for the American taxpayers. The JSF competitive engine will save $20 billion over the 30-year span of the Joint Strike Fighter program, according to the independent Government Accountability Office. 

GE is deeply gratified by the support it received from House members, and the House Armed Services Committee leadership, who voted to continue funding the competing JSF engine. These members demonstrated strong support for the core principle of acquisition reform - competition." 

About GE 

GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, health care solutions, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.