RUTLAND - General Electric Aviation in Rutland, Vt., was awarded nearly $12 million in U.S. tax credits for its clean-energy, high-tech GEnx jet engine project.
The $11.9 million tax credit, made public last week, will be used to purchase various high-tech machinery and equipment that will be used in the precision manufacturing of G.E. Aviation's next-generation jet engine.
The advanced turbofan engine is now under development at several facilities-including Rutland-and is planned for use in Boeing's 787 and 747-8 jets. The GEnx will replace the CF6 engine.
Boeing's 787 Dreamliner is a wide-body jet airliner and will seat up to 330 passengers.
Since orders were first placed in 2007, the 787 has become the fastest-selling airliner in history. The sub-sonic jet will begin flying later this year.
Boeing's 747-8 is a longer, leaner version of the 1960s-era 747 Jumbo Jet. It will fly later this year as a freighter and in 2011 as a passenger jet.
GEnx is innovative for its bleedless engine design meaning that outside air entering the engine is used almost entirely to produce thrust thus greatly reducing fuel consumption.
GEnx is being billed as the world's first "green" jet engine. It's use in new Boeing jets around the world will mean significantly reduced greenhouse gas emissions, reduced fossil fuel consumption, and reduced atmospheric water vapor contrails.
General Electric is a 64 percent owner of the engine project with non-American stakeholders, including I.H. Heavy Industries of Japan, Avio, Volvo Aero, Techspace Aero, Mitsubishi, and Samsung-in order of decreasing financial interest.
Key components for the GE90 and CF34 engines-blades and vanes-are also manufactured at the Rutland facility.
G.E. Aviation's domestic and international competitors include Pratt & Whitney (USA) Rolls-Royce (U.K.).