GE Transportation Completes Acquisition of Aircraft Parts Corporation

EVENDALE, OHIO, FEBRUARY 1, 2005-- GE Transportation - Aircraft Engines, through Unison Industries, LLC, has completed its acquisition of Aircraft Parts Corporation (APC), following receipt of all required regulatory approvals. The transaction, terms of which were not disclosed, was completed on January 31, 2005.

A privately held company, APC manufactures and repairs aircraft electrical systems, including starter-generators and generator control units for business/commuter jet, helicopter and military applications. Founded in 1960, APC has its headquarters in Long Island, New York and a service center in Wichita, Kansas. Additional information about APC is available at www.apcmfg.com.

"We're very excited about this acquisition and the new technologies APC brings to our business," said Brad Mottier, president of Unison Industries. "With APC's aircraft electrical system products, Unison will expand its integrated product solutions for aircraft customers. Unison and APC have a strong history of innovation, engineering excellence and entrepreneurial spirit, and we anticipate a seamless transition as we begin the integration process."

Unison Industries, LLC, a wholly owned subsidiary of GE Engine Services, Inc., is a leader in the design and manufacture of electrical components, sensors, and systems for aircraft, industrial, marine, and space uses. Unison is a global provider and Tier-1 Systems Integrator of turbine ignition systems, wiring harnesses, engine-dedicated alternators, piston ignitions, sensors, switches, and metal tubing and ducting. Headquartered in Jacksonville, Florida, Unison operates manufacturing facilities and logistics centers worldwide. Additional information about Unison is available at www.unisonindustries.com.

GE Transportation - Aircraft Engines, a part of General Electric Company (NYSE: GE), is one of the world's leading manufacturers of jet engines for civil and military aircraft. GE Transportation is headquartered in Cincinnati, Ohio. For more information, visit GE Transportation - Aircraft Engines at: www.geae.com.



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