On February 11th, in US Chamber of Commerce, in Washington, Safran and General Electric Company (GE) marked the signing of the historic partnership agreement that formed CFM International in 1974.
The event launches a nearly year-long celebration that will culminate on September 24th, 2014 – the 40th anniversary of the world’s most successful international joint venture. In 2008, the companies renewed the partnership agreement to the year 2040.
“The relationship between GE and Safran has never been stronger.” – said David Joyce, president and CEO of GE Aviation. “Like our predecessors, we have a shared vision of what the future will be and we are making that vision a reality with the advanced new LEAP engine. Through CFM, GE and Snecma are demonstrating the tremendous power of long-term trans-Atlantic cooperation. – he also added.