GE Aerospace (1960s)
{{Short description|Business group of General Electric}}
{{for|current incarnation of then-General Electric's aerospace division that is the successor of the Original General Electric Company|GE Aerospace}}
{{Redirect|General Electric Space Division|similar terms|Space Division (disambiguation){{!}}Space Division}}
{{Infobox company
| name = GE Aerospace
| logo = GE Aerospace logo late 1980s.svg
| type = Division of General Electric
| industry = Aerospace, military
| fate = Sold to Martin Marietta
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| successor =
| founded =
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| defunct = {{End date|1993}}
| hq_location_city =
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| num_employees = 37,500
| num_employees_year = 1991
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}}
GE Aerospace was a business group of General Electric.
GE Aerospace made electronics and systems for the military and aerospace industries, like radar, secure communications equipment and military and commercial satellites. The majority of the group's business was in government and military applications.
History
During the late 1960s, GE Aerospace personnel developed the first realtime image generator.{{cite magazine|title=Peacetime Programmers|magazine=Electronic Gaming Monthly|issue=97 |publisher=Ziff Davis |date=August 1997|page=66}}
In 1991, the group had approximately 37,500 employees, most of whom were located in Florida and the New England and Middle Atlantic regions. The Delaware Valley alone accounted for roughly 17,600 employees.{{cite news |url= https://www.nytimes.com/1991/09/07/business/company-news-ge-aerospace-to-cut-work-force-by-2000.html |title= GE Aerospace to Cut Work Force by 2,000 |access-date= May 15, 2012 | work=The New York Times |date=September 7, 1991}}
In 1993, the group was sold to Martin Marietta for over three billion dollars (U.S.), nearly doubling that company's revenue.{{cite web |url= http://business.highbeam.com/438317/article-1G1-13296498/martin-marietta-acquires-ge-aerospace-unit |archive-url= https://web.archive.org/web/20160307162806/https://business.highbeam.com/438317/article-1G1-13296498/martin-marietta-acquires-ge-aerospace-unit |url-status= dead |archive-date= March 7, 2016 |title= Martin Marietta acquires GE Aerospace unit |access-date= May 15, 2012}}
In 1995, Martin Marietta merged with Lockheed to form Lockheed Martin.{{cite news|url=https://www.nytimes.com/1995/03/16/business/company-news-martin-marietta-lockheed-merger-is-approved.html|date=March 16, 1995|title=COMPANY NEWS; MARTIN MARIETTA-LOCKHEED MERGER IS APPROVED|work=New York Times}}
In 2010, the large Systems Integration ("The SI") division from GE Aerospace, with roots tracing back to the Apollo Program, was spun off to form The SI Organization Inc.{{cite web |url= http://www.thesiorg.com/who-we-are |title= The SI - Who We Are |access-date= Jan 31, 2013 |archive-url= https://web.archive.org/web/20140430123437/http://www.thesiorg.com/who-we-are |archive-date= 30 April 2014 |url-status= dead }}