Thread regarding General Electric Co. layoffs

GE Transportation signs $900 million locomotive contract with Kazakhstan

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Post ID: @OP+RiYn35b

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I bet it is a negative margin deal like all other international deals (with the hope that services will win a deal in the future to fix the product at high margins when the product fails)!

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Post ID: @1hhn+RiYn35b

Wonder what the profit margin is? 1%

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Post ID: @mkr+RiYn35b

Too bad they're selling Transportation and thus won't be able to recognize this victory for the remnant GE.

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Post ID: @tjx+RiYn35b

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