General Electric Wages Never-Say-Die Campaign for Jet Engine Contract

In a never-say-die approach, General Electric's CEO Jeffrey Immelt has vowed to continue to fight for a high-priced military jet engine contract that President Obama, the Pentagon, the U.S. House of Representatives, and the U.S. Senate have all said they don't want. "GE will continue to press our case in the U.S. Senate and elsewhere," Immelt wrote in a note to aviation workers after the recent House vote to eliminate funding for the company's controversial jet engine. The defeat in the House...Full Story
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