Not that GE Aviation?s military engine business needed any more bad news, but India has decided to eliminate two U.S. contenders from a hotly contested $11 billion competition to supply 126 multipurpose fighter planes, according to this article in the Financial Times. Boeing?s F/A-18 Super Hornet and Lockheed Martin?s F-16 Super Viper ? both of which are powered by GE (NYSE: GE) engines ? lost out to two European planes that are still under consideration by the Indian military. The French-made Dassault Rafale is powered by an engine from Snecma, GE?s French partner in their Evendale-based CFM International...national news headlines fox news current world news weird news
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