In 2018, GE ranked among the Fortune 500 as the 18th-largest firm in the U.S. by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th-most profitable company. As of 2012, the company was listed as the fourth-largest in the world among the Forbes Global 2000, further metrics being taken into account. Two employees of GE have been awarded the Nobel Prize: Irving Langmuir in 1932 and Ivar Giaever in 1973.
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio (a Cincinnati suburb). GE Aviation is the top supplier of aircraft engines in the world and offers engines for the majority of commercial aircraft. GE Aviation is part of GE Infrastructure, itself a major part of the conglomerate General Electric, one of the world's largest corporations. The division operated under the former name of General Electric Aircraft Engines or GEAE until September of 2005.
In 1942, General Electric developed the first US jet engine in Lynn, Massachusetts. It continues to make jet engines for the United States Department of Defense and subsidiary services. Engines assembled at this plant include the F404, F414, T700, and CFE738 military power plants. The plant at Lynn also produces the CT7 commercial turboprop power plant and commercial versions of the T700 (also CT7).
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