Safran-GE Joint Venture Gets $5B China Plane Contract

Law360, New York (December 21, 2009, 4:49 PM EST) -- CFM International, the aero-engines joint venture between France's Safran Group and General Electric Co., has scored a multibillion-dollar contract to act as the sole Western plant to supply engines for the Commercial Aircraft Corp. of China to be used in its new 150-seat aircraft.

Under the terms of the agreement, CFM will provide COMAC with its new LEAP-X1C engines, in addition to nacelles and thrust reversers, Safran said in a statement Monday.

The nacelles will be produced by Nexcelle, another joint venture between Safran and GE,...
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