GE Aerospace (GE) announced plans for the build of an On Wing Support facility at the Mohammed Bin Rashid Aerospace Hub in Dubai South. The investment of more than $50 million includes facility build, lease commitment over 10+ years, and new tooling and capabilities. The leased facility will span 120,000 square feet, replacing the current 29,000 square-foot location. Construction is expected to commence in December 2025, with expected completion in first quarter, 2027.
The company said, in addition to supporting CFM LEAP and GE9X demand, the facility will serve as a hub for field deployments, advanced technology development, and internal and external training.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.