GE vs. RR

Attribute	GE	RR
Founded	1892	1911
Industry	Various (e.g. Aviation, Healthcare, Power)	Aerospace, Defense
Headquarters	Boston, Massachusetts, United States	West Chester, Ohio, United States
CEO	Larry Culp Jr.	Raymond L. Conner
Revenue	$95.2 billion (2019)	$26.1 billion (2019)

History

General Electric (GE) and Rolls-Royce (RR) are two of the most well-known and respected companies in the aerospace industry. GE was founded in 1892 by Thomas Edison, Charles A. Coffin, Elihu Thomson, and Edwin J. Houston. It has since grown to become a global conglomerate with interests in a wide range of industries, including aviation. Rolls-Royce, on the other hand, was founded in 1906 by Charles Rolls and Henry Royce. Originally focused on manufacturing luxury cars, the company later expanded into the aerospace industry.

Product Range

Both GE and RR are major players in the aerospace industry, producing a wide range of products for commercial and military applications. GE Aviation is known for its jet engines, including the popular CFM56 and GE90 engines. The company also produces avionics systems, electrical power systems, and other components for aircraft. Rolls-Royce, on the other hand, is best known for its Trent series of jet engines, which are used on a variety of commercial aircraft. The company also produces propulsion systems for military aircraft and naval vessels.

Market Share

When it comes to market share, GE is the clear leader in the aerospace industry. The company's engines are used on a wide range of commercial aircraft, including the Boeing 737 and 777. GE also has a significant presence in the military market, with engines powering aircraft such as the F-16 and F/A-18. Rolls-Royce, on the other hand, has a smaller market share but is still a major player in the industry. The company's engines are used on aircraft such as the Airbus A350 and the Boeing 787.

Technology

Both GE and RR are known for their innovative technology in the aerospace industry. GE has been a pioneer in the development of composite materials for jet engines, which has helped to reduce weight and improve fuel efficiency. The company is also a leader in the development of advanced avionics systems and electrical power systems. Rolls-Royce, on the other hand, is known for its expertise in engine design and propulsion systems. The company has developed a number of groundbreaking technologies, including the three-shaft engine architecture used in its Trent series of engines.

Global Presence

GE and RR both have a strong global presence, with operations in countries around the world. GE Aviation has manufacturing facilities in the United States, Europe, and Asia, as well as a network of service centers to support its customers. Rolls-Royce also has a global footprint, with manufacturing facilities in the UK, the US, and other countries. The company has a network of service centers and partners to provide support to its customers wherever they are located.

Customer Base

Both GE and RR have a diverse customer base in the aerospace industry. GE Aviation supplies engines and components to a wide range of commercial airlines, as well as military customers around the world. Rolls-Royce also has a diverse customer base, with its engines used by airlines, military forces, and naval fleets. The company has a reputation for providing high-quality products and excellent customer service, which has helped to build strong relationships with its customers.

Conclusion

In conclusion, General Electric and Rolls-Royce are two of the most prominent companies in the aerospace industry, with a long history of innovation and excellence. While GE has a larger market share and a broader product range, Rolls-Royce is known for its expertise in engine design and propulsion systems. Both companies have a strong global presence and a diverse customer base, making them key players in the industry. Overall, both GE and RR continue to push the boundaries of technology and set the standard for excellence in the aerospace industry.