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Although the period under review
includes only two weeks' trading since the flotation, GTE made
great progress during 2005 to transition itself from a niche player to a
global designer and supplier of advanced gas turbine cleaning systems
for the aviation, power generation, marine and oil & gas sectors. GE's F-class fleet has compiled more than
ten million hours of commercial operation, positioning GE Energy as an
industry leader in advanced gas turbine technology experience. --Signed a letter of intent with Calpine Corporation for the joint
construction of a power plant based on the 60-Hz H System(TM), GE's
most advanced gas turbine technology. |
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