All articles tagged with #jet engines
GE Aerospace exceeded earnings expectations with a 38% increase to $1.66 per share and a 21% revenue rise to $11.02 billion in Q2, prompting the company to raise its 2025 outlook for revenue, operating profit, and earnings, and extend its long-term growth forecast through 2028, amid positive developments like resuming jet engine shipments to China.
The U.S. has halted certain exports of critical technologies like jet engines and semiconductors to China in response to China's restrictions on mineral exports, escalating tensions and risking global supply chain disruptions.
High-performance coatings are crucial in enhancing the functionality and durability of various technologies, from jet engines to space equipment. These coatings allow materials to withstand extreme conditions, such as high temperatures and low gravity, improving efficiency and reducing costs. Researchers are continuously developing advanced coatings to address challenges like biofilm formation in space and non-stick solutions in manufacturing. However, the effectiveness of coatings can vary, and incorrect applications can lead to significant financial losses.
The Federal Aviation Administration (FAA) has issued a safety alert to airlines nationwide, urging them to ensure that workers maintain a safe distance from jet engines until they are powered off. The warning comes after recent incidents, including a fatal one, where workers were injured or killed during ground operations at airports. The FAA advises airlines to review their safety programs and implement practices such as keeping workers clear of planes until they are stopped and chocks are placed under the wheels. The alert was prompted by two incidents, one involving a worker being pulled into an engine and another where a worker was run over by a plane's wheels.
The US is offering India drones and jet engines in an attempt to lure the country away from its reliance on Russian military equipment. The move comes as the US seeks to strengthen its ties with India and counter China's growing influence in the region.
NVIDIA, Rolls-Royce, and Classiq have designed and simulated the world's largest quantum computing circuit for computational fluid dynamics (CFD) using NVIDIA's quantum computing platform. The circuit measures 10 million layers deep with 39 qubits and will be used by Rolls-Royce to advance the development of quantum computing in aerospace, specifically for modeling the performance of jet engine designs. The breakthrough was made possible by NVIDIA's cuQuantum software development kit, which includes optimized libraries and tools to speed up quantum computing workflows.
General Electric reported higher sales in Q1 2023, driven by strong demand for its jet engines as air travel continues to recover. The company generated positive free cash flow of $102 million in the first quarter, the first time in almost a decade, according to CEO Larry Culp.