ST Aerospace inks global cooperation agreement with GE Aviation

GE Aviation (GE) and Singapore Technologies Aerospace Ltd (ST Aerospace) sign an agreement for global cooperation to complement each other's core competencies to offer cost effective and enhanced solutions to customers.

[ClickPress, Wed Aug 13 2008] GE Aviation (GE) and Singapore Technologies Aerospace Ltd (ST Aerospace) have signed an agreement for global cooperation. This agreement underlines the commitment from GE and ST Aerospace to seek opportunities to cooperate and complement each other’s core competencies to offer cost effective and enhanced solutions to customers of GE and ST Aerospace.

The areas of cooperation broadly include:
(a) Engine maintenance, repair and overhaul (MRO) and on-wing support – GE will provide technical assistance and OEM support to ST Aerospace to develop efficient and cost effective support for GE engines operators.

(b) Engine material services – Expanding on a current GE service offering, CFM International will provide comprehensive material solutions to support and enhance ST Aerospace’s engine MRO operations. CFM International is a 50/50 joint company between General Electric Company and Snecma (SAFRAN Group).

(c) Aircraft total support solutions – both parties will leverage on GE’s OEM technology and ST Aerospace’s Total Aviation Support network to offer innovative and integrated solutions beyond engine MRO for global customers.

(d) Engine parts and accessories repairs – GE will facilitate ST Aerospace’s parts repair capabilities development, and work together for synergies within each other’s line replaceable unit (LRU) capabilities. GE and ST Aerospace have also signed a 10-year component repair license agreement covering CFM56-3, CFM56-5B and CFM56-7B engines. Through these agreements, GE will grant ST Aerospace access to OEM data and technical information, as well as technical assistance to enhance and qualify the repair process in ST Aerospace’s parts repair development efforts.

“This agreement will enable ST Aerospace to expand its global business and provide its customers with high quality OEM materials and technology,” said Al Tarkenton, General Manager for Global Material Programs at GE Aviation.

“For GE, this agreement with a highly reputable MRO provider like ST Aerospace will enhance our service offerings and offer our customers additional MRO options to meet their needs.”

“We are pleased to further enhance our relationship with GE across a broad range of engine businesses to fulfill both our companies’ long-term strategic goals,” said Tay Kok Khiang, President of ST Aerospace.

“ST Aerospace believes these agreements with OEMs expand our technical capabilities and enhance our service offerings to our customers. This latest agreement with GE reinforces ST Aerospace’s commitment in developing solutions based on GE’s original design and parts, which we believe offer the best assurance of quality and value to our customers.”

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GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of commercial and military jet engines and components as well as integrated digital, electric power, and mechanical systems for aircraft. GE Aviation also has a global service network to support these offerings. Please visit http://www.ge.com/aviation.

ST Aerospace is the aerospace arm of ST Engineering. Operating a global MRO network with facilities in the Americas, Asia Pacific and Europe, it is the world's largest airframe MRO provider with a global customer base that includes many of the world's leading airlines, airfreight operators and military operators. ST Aerospace provides a full spectrum of maintenance and engineering services through its two business segments: Aircraft Maintenance & Modification (AMM) and Component & Engine Total Support (CETS). Its services include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 7,000 engineers and technical specialists. Please visit http://www.staero.aero.

For further information, contact:
Deb Case 1.513.243.0094 Deborah.case@ge.co Mobile: 1.513.418.1644
Rick Kennedy 1.513.243.3372 rick.kennedy@ge.com Mobile: 1.513.607.0609
Audrey Tan 65.6380.6152 audreytan@stengg.com Mobile: 65.9675.9395

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