COVID Stimulus Watch Individual Entry
Recipient Company:
GENERAL ELECTRIC COMPANY
Contract Amount:
$283,767
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: GE)
Facility Street Address: 1 NEUMANN WAY
Facility City: CINCINNATI
Facility State: OH
Facility Zip Code: 452151915
Facility Congressional District: OH-1
Facility NAICS Code: 336412 : Aircraft Engine and Engine Parts Manufacturing
Award Details
Award Date: Sep 28, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: MAINT/REPAIR/REBUILD OF EQUIPMENT- ENGINES, TURBINES, AND COMPONENTS
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: General Electric
Headquartered in: Massachusetts
Parent Sector: diversified
Parent Industry: diversified
Employees (prior to pandemic): 205,000
Accountability Issues Since 2010
Employment-related Penalties: $12,087,163
Government-contracting-related Penalties: $41,830,180
Environmental / Healthcare / Safety Penalties: $42,893,380
Consumer Protection / Financial / Competition-related Penalties: $1,830,749,248
Ratio of CEO Pay to that of Median Worker: 486 to 1
CEO Compensation: $24,553,788
Worker Median Pay: $50,471
Total Federal, State, and Local Subsidies: $1,817,638,909
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