Mitsui & Co. and GE Aviation form strategic partnership

Mitsui & Co. and GE Aviation announced a strategic partnership to support the development of key advanced technologies for GE’s next-generation of large commercial engines, including the engine study called the GE9X. Terms of the agreement are not being disclosed. Last year, Mitsui and GE Capital announced a strategic relationship through which Mitsui established an investment management program to co-invest alongside GE Capital in U.S. commercial finance assets. In addition, Mitsui and GE Capital are exploring global opportunities in areas such as financing for original equipment manufacturers.