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Apex Trader Funding (ATF) - News

Poland Taps GE Aerospace for Apache Engine Support: Finalizes New Offset Agreement

GE Aerospace (NYSE:GE) and the Polish Ministry of National Defense finalized an offset agreement for the anticipated purchase of 96 Boeing Company (NYSE:BA) AH-64E Apache Guardian helicopters, which will use GE’s T700 engines. The offset agreement with WZL-1 and WAT will generate high-value jobs in Poland and provide advanced engine MRO technology, training, and support, enhancing Poland’s defense industry and Apache fleet maintenance. Under the agreement, WZL-1 will handle licensed MRO support for T700/CT7 engines on Apache, S-70i Black Hawk, and Leonardo AW149 and AW101 helicopters. WAT will oversee training for Polish technicians, military personnel, and WZL-1 employees to support these helicopters and train future engineering staff for the Polish Armed Forces. These partnerships will provide the ...