U.S. markets closed
  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     
  • Dow 30

    33,761.05
    +424.35 (+1.27%)
     
  • Nasdaq

    13,047.19
    +267.29 (+2.09%)
     
  • Russell 2000

    2,016.62
    +41.36 (+2.09%)
     
  • Crude Oil

    91.88
    -2.46 (-2.61%)
     
  • Gold

    1,818.90
    +11.70 (+0.65%)
     
  • Silver

    20.83
    +0.49 (+2.39%)
     
  • EUR/USD

    1.0257
    -0.0068 (-0.66%)
     
  • 10-Yr Bond

    2.8490
    -0.0390 (-1.35%)
     
  • GBP/USD

    1.2139
    -0.0064 (-0.52%)
     
  • USD/JPY

    133.4400
    +0.4410 (+0.33%)
     
  • BTC-USD

    24,296.14
    -159.85 (-0.65%)
     
  • CMC Crypto 200

    574.64
    +3.36 (+0.59%)
     
  • FTSE 100

    7,500.89
    +34.98 (+0.47%)
     
  • Nikkei 225

    28,546.98
    +727.68 (+2.62%)
     

GE, BAE Systems Explore Adaptive Power Systems In Combat Air Domain

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • BAE Systems PLC (OTC: BAESY) and General Electric Co (NYSE: GE) have established a technical partnership to explore next-generation adaptive power management systems in the Combat Air domain.

  • GE has delivered electrical power demonstration equipment into the BAE Systems lab to start exploring how to adopt and use solid state power controllers.

  • “We’re proud to collaborate with BAE Systems to explore the next generation of Combat Air technologies building upon our existing relationship on the Tempest program,” stated Joe Krisciunas, president of Electrical Power Systems for GE.

  • Also Read: General Electric Reveals What Its 3 New Units Will Be Called, Ahead Of Historic Spin-Off

  • GE said it is working with BAE Systems to show how adaptive power management technology could enable the increased operational capability for Combat Aircraft.

  • Price Action: GE shares are trading higher by 4.51% at $66.53 and BAESY higher by 0.84% at $39.06 on the last check Tuesday.

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.