Ruag and GE extend business agreement

Philipp Berner, CEO of RUAG Aviation, Konrad Peter, executive chairman of RUAG Holding and Tony Mathis, vice president and general manager of Turbofan/Turbojet Projects for GE Military Systems Operation have extended a business agreement to further broaden industrial development activities in Switzerland. The agreement includes GE’s F414 engine, which powers the Boeing F/A-18E/F, Saab Gripen E/F and other aircraft.