GKN Aerospace owner Melrose signs £4bn deal with GE Aerospace

GKN Aerospace owner Melrose has signed a new $5bn (£4bn) deal with aircraft engine supplier GE Aerospace. The new aftermarket services agreement will widen Melrose’s GKN Aerospace division’s current partnership with GE, surrounding its fastest selling high-thrust GEnx engines. In a statement on the London Stock Exchange, the company said it anticipates GKN Aerospace sales [...]