The Defense Logistics Agency awarded CFM International a potential $2.85 billion contract for F108 military aircraft engine supplies.

CFM International, a joint venture between GE Aerospace and a unit of Safran, has won a contract for up to $2.85 billion to provide engine supplies for U.S. military aircraft. Under the contract, the ...

We expect EWM to deliver high-single-digit sales growth, consistent with ESAB’s long-term growth outlook for equipment, gross margins greater than 45% and accretive incremental aEBITDA margins.

ESAB plans to fund the acquisition through cash on hand, supported by its strong liquidity position with a healthy current ratio of 1.91. EWM is projected to generate approximately €120 million ...

The company achieved earnings per share of $1.25, exceeding the forecast of $1.20, and generated revenue of $678.14 million, outperforming the anticipated $632.75 million.

ESAB Corp., a focused industrial compounder in North Bethesda, Md., has signed a definitive agreement to acquire EWM GmbH, a Germany-based provider of heavy industrial arc welding equipment and ...

ESAB Corporation, a focused premier industrial compounder, announced today that it has signed a definitive agreement to acquire EWM GmbH, a German-based leader in heavy industrial welding ...

Norwegian has entered into an agreement to purchase 11 LEAP-1B spare engines from CFM International. These fuel-efficient engines will support Norwegian’s growing fleet of modern Boeing 737 MAX ...

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