Wednesday, December 9, 2015
GE Avionics Business Spins Off as New Company
[Avionics Today 12-09-2015] Abaco Systems, supplier of electronic systems for aerospace, defense and industrial applications, has separated from the General Electric Company (GE).
|GE Intelligent Platforms business unit is spinning off as its own company, Abaco Systems. Photo: GE|
“As an independent embedded technology and systems company we see real opportunity to take our extensive experience, mission-critical technology and the repeatable business processes we have developed to continue building a business that combines a commitment to technical innovation with extreme focus on customer service. The company is positioned to benefit from long-term market trends, including shifts toward open architecture, interoperable systems, smarter purchasing initiatives, and technological modernization,” said Bernie Anger, president and CEO of Abaco Systems.