The United States Air Force Has Selected GE Aviation (GE, NTZ)
[GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft]
Online PR News – 18-September-2012 – Las Vegas, NV – General Electric Company ("GE") (NYSE:GE) The United States Air Force (USAF) has selected GE Aviation for negotiations to mature a suite of technologies to include variable cycle technology for the Adaptive Engine Technology Development (AETD) program. AETD will enable GE to address the USAFs propulsion needs for improved fuel burn to provide combat aircraft in the beyond-2020 timeframe with significantly enhanced range, performance and thermal management capabilities. Development work will be conducted at GE Aviations headquarters in Evendale, Ohio. Once negotiations are complete and the contract is awarded, GE will share the costs of the program with the Air Force. Phase 1 of the AETD program, which runs through mid-fiscal year 2015, includes completing preliminary engine design, testing a full annular combustor rig, high-pressure compressor rig and components using CMCs. Phase 2 of the program, which will conclude in fiscal year 2016, consists of fan rig testing and a full engine core test, allowing for a notional first full engine test as early as 2017. GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. For more information, visit us at www.ge.com/aviation. General Electric Company ("GE") works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information about General Electric Company visit www.ge.com.
Natuzzi S.p.A. (NYSE:NTZ) The Board of Directors of NTZ approved its financial results for the second quarter and the first semester of 2012. During the quarter ended June 30, 2012, the Company's total net sales amounted to 120.3 million, down by 0.9% from 121.4 reported in second quarter 2011. The Company's total net sales for the first six months of 2012 were 230.7 million, down 4.8% from 242.4 million reported for the first semester of 2011. Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. (NYSE: NTZ) designs and manufactures a broad collection of residential upholstered furniture. With consolidated revenues of EUR 486.4 million in 2011, NTZ is Italy's largest furniture manufacturer. The Natuzzi Group exports its innovative high-quality sofas and armchairs to 130 markets on five continents under separate brand names, Natuzzi, Italsofa, Natuzzi Editions (only for the North American market) /Leather Editions and Softaly. Cutting-edge design, superior Italian craftsmanship and advanced, vertically integrated manufacturing operations underpin the Company's market leadership. Natuzzi S.p.A. has been listed on the New York Stock Exchange since May 1993. The Company is ISO 9001 and 14001. For more information about Natuzzi S.p.A. visit www.natuzzi.com.
Crown Equity Holdings Inc. (CRWE) CRWE AD-Services, a division of CRWE is a full service multimedia advertising company specializing in internet marketing. Their goal is to provide you with a customized advertising blue print using their expansive resources. CRWE Ad Services (www.crwe-adservices.com ) provides modern and unique advertising campaigns. They are dedicated to offering the most cost effective advertising solutions. In addition, CRWE has launched a online service companies CRWE Real Estate. Crown Equity Holdings Inc. launched CRWE Real Estate to provide a global portal for property listings at a fee of only $1 a day. CRWE Real Estate (www.crwerealestate.com) mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com.
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