Log in to use our free company, program and sector update tracker feature.

Front page

Volvo Aero and GE sign MoU on F414

Volvo Aero and General Electric have signed a Memorandum of Understanding (MoU) regarding strategic cooperation on the F414 engine. The MoU is intended for a possible sale of Gripen Next Generation Aircraft to Norway. GE Aviation (GE), a business component of General Electric Company, and Volvo Aero Corporation have a long-term strategic relationship in connection with GE's F414 engine. Volvo Aero is a risk and revenue sharing partner in the F414 program and manufactures a number of components for the engine.

Now, an MOU has been signed among Volvo Aero Corporation, Volvo Aero Norge AS, a majority owned subsidiary of Volvo Aero Corporation, and GE solidifying collaboration to find opportunities for Norwegian industry in fulfillment of potential offset and industrial cooperation obligations accepted by Gripen International (Gripen). Gripen markets and produces the Gripen Next Generation Aircraft powered by a derivative of the F414 engine designated the F414G. 

Volvo Aero Corporation has significant presence in Sweden and Norway with many possibilities for offset proposals within technology, development, production and product support in connection with the potential procurement of the Gripen Next Generation Aircraft by the Norwegian Government.

"We hope that this MoU will result in extended cooperation with GE. We see great opportunities, especially on the manufacturing side in Norway," says Odd Tore Kurverud, President at Volvo Aero Norge AS.

Press release issued by GKN Aerospace Engine Systems on November 7, 2008


 Contact details from our directory:
GE Aircraft Engines Turboprop Engines, Turboshaft Engines, Turbofan Engines, Turbojet Engines
GKN Aerospace Engine Systems Compressors, Shafts & Shaft Assemblies, Combustion Chambers, Engine Nozzles, Engine Housings, Engine Parts, Turbofan Engines, Exhaust Systems


 Related aircraft programs:
Saab JAS 39 Gripen


 Related directory sectors:
Engine Components

Enhanced listings:

Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

General Plastics Manufacturing Co.
General Plastics has been supplying OEMs, Tier 1 and Tier 2 companies with flame-retardant foam core materials and custom flexible foam molded parts for aircraft flight decks and interior cabins for over 50 years.

Quintus Technologies
Quintus Technologies is a global leading provider of high pressure fluid cell presses and hydroform deep-draw presses for sheet metal forming

MW Industries, Inc
Design and manufacture springs, fasteners and related products for aerospace including: engine components, flight controls, propulsion, landing gear, interiors, avionics, and space exploration vehicles.

Dexmet Corporation
Dexmet MicroGrid® an innovative product line that help improve the composite aircraft withstand the rigors of a lightning strike

See our advertising tariff.


Monthly page limit exceeded. Please buy a subscription.

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.