General Electric Co. (GE) won a $1 billion order to supply engines for Vietnam Airlines Corp.’s 787 Dreamliners, Vietnam Prime Minister Nguyen Tan Dung said yesterday.
The deal will be signed next month at the East Asia Summit in Brunei, with U.S. President Barack Obama present, Dung said in an interview in New York City.
“There has been very strong competition between GE and Rolls Royce but it was transparent and GE has won the bid,” Dung said. Read more
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