GE lends helping hands to jet engine suppliers to sidestep supply-chain challenges

General Electric sent 12 machinists from its Rutland, Vermont, facility across the country last fall to help a sub-supplier in Arizona that was so short of workers it could not add a second work shift. GE's action on the day after Thanksgiving was not an isolated case, CE Larry Culp said. The company has deployed its machinists and hundreds of engineers to suppliers and sub-suppliers in the United States to address the bottlenecks that are hampering production of its jet engines.The measures are working. For example, its engineers last year also helped a supplier reduce inspection time for a critical rotating part used in a jet engine to 30 minutes from 6 hours, company executives said. Yet Culp said it is a "daily battle" to keep up with booming demand at the company's aerospace unit due to persistent shortages of labor, parts and raw material. The unit, which supplies and services engines for Airbus and Boeing aircraft, had unfilled customer orders worth $135b at the end of 2022, up 8% from a year ago. The problem is more acute with the supply base for LEAP engines, which GE produces in a joint venture with France's Safran. The backlog for LEAP engines, which power the narrowbody aircraft of Airbus and Boeing, has increased to 10,000 units. Adding to complexity, just 10% of the 2,500 parts used in engines for Airbus' 320neo and Boeing's 737 MAX planes are common. "There's no one commodity. There's no one component which is the issue," Culp told reporters on the sidelines of GE's annual investor meeting on Thursday. "There's no one prime problem, but it's widespread."<br/>