INDEX / DIRECTORY / GENERAL ELECTRIC / V-ECON

General Electric V-ECON

ECONOMIC AUDIT UPDATED 2026-06-11
V-ECON Score 7.43 /10 B General Electric — BDS-1000 680
V-ECON 7.43

Evidence-only forensic audit. Scoring happens downstream — see the main dossier for the composite assessment.

V-ECON Audit: General Electric

Supply Chain & Sourcing Relationships

Direct Supplier Relationships — Agricultural

No public evidence identified of General Electric, GE Aerospace, GE Vernova, or GE Healthcare maintaining commercial relationships with Israeli agricultural exporters such as Mehadrin, Hadiklaim, Galilee Export, or Agrexco 1. GE’s business lines spanning aerospace, power generation, and healthcare do not involve fresh produce procurement 1.

Industrial Supply Chain — Defense and Aerospace

GE Aerospace maintains a documented technology partnership with Israel Aerospace Industries (IAI), encompassing engine integration, maintenance, repair, and overhaul (MRO) activities, and military aircraft upgrade programs 1. GE Aerospace supplies the F110-GE-129 engine powering the Israeli Air Force’s F-15 and F-16 fighter aircraft 1. The U.S. Defense Security Cooperation Agency approved a potential Foreign Military Sale (FMS) of up to 50 F-15IA fighters—the Israeli variant of the F-15EX—along with 120 F110-GE-129 engines in August 2024; Israel signed an $8.58 billion contract in December 2025 for 25 aircraft with an option for 25 additional aircraft, with first deliveries expected in 2031 2. The T408-GE-400 engine contract, valued at $153.7 million via FMS to Israel in 2023, covers 40 engines to power CH-53K heavy lift helicopters, forming part of a $683.7 million Department of Defense contract with completion expected by June 2027 3. GE Aerospace engines in the F110, F404, and F414 series are integrated into platforms operated by the Israeli Air Force through IAI-administered upgrade programs 1. GE LM2500 gas turbines power Israeli Navy Sa’ar 5 corvette missile ships that are employed for Gaza naval blockade enforcement 4.

Third-Party and Indirect Sourcing

No public evidence identified for GE sourcing Israeli-origin products through third-party distributors or white-label arrangements, which is not applicable to GE’s industrial product lines 1.

Product Origin, Labeling & Regulatory Compliance

GE does not sell, distribute, or retail consumer food products or any category of goods subject to settlement-origin produce labeling requirements 1. GE’s products consist of industrial capital goods and regulated medical devices that are subject to country-of-origin marking under trade frameworks such as U.S. CBP and CE marking under EU MDR, distinct from fresh produce labeling schemes 1. No public evidence identified of GE issuing any corporate policy addressing sourcing or labeling of goods from occupied or contested territories in an agricultural or retail product context 1.

Investment, Capital & Financial Exposure

Foreign Direct Investment — Israel

GE Healthcare Israel operates an innovation center in Israel established in 1998, located in Haifa at the Life Sciences Park, employing approximately 400 people 5. GE Vernova Energy Israel Ltd is registered as an Israeli private limited company (registration number 514332089, incorporated in 2009) at 40 Tuval Street, Ramat Gan 6. GE Medical Systems Israel Ltd is registered in Israel at Nativ Ha’or Street 1, Haifa, with active FDA registration through 2026 7. GE Healthcare holds Preferred Technology Enterprise (PTE) tax status in Israel (12% corporate tax rate versus the standard 23%), effective from 2019 to 2023 and expected to continue 7. The Israeli Innovation Authority granted 120 million NIS (approximately $33 million) to GE Healthcare in 2018 jointly with Medtronic and Change Healthcare for research and development activities 5. GE Healthcare invested $50 million in Israeli startup Pulsenmore in 2022 for homecare ultrasound devices 5.

R&D and Innovation Centers

The GE Healthcare Israel innovation center conducts work in digital health algorithm development, AI-driven imaging software, and collaborative clinical research with Israeli hospitals including Sheba Medical Center and Rabin Medical Center 58.

Portfolio and Fund Exposure

The Norwegian Government Pension Fund Global (NBIM) exclusion list does not include GE, GE Aerospace, GE Vernova, or GE Healthcare 9. No public evidence identified of GE successor entities holding material positions in Israeli sovereign bonds or Israeli-domiciled equity as disclosed portfolio positions in 10-K filings 101112.

Financing the State

No public evidence identified of GE underwriting or lead-arranging Israeli sovereign debt or war bonds 101112. No public evidence identified of GE providing direct lending or trade finance to OHCHR-listed companies or Israeli defense primes 101112.

Operational Presence & Market Activity

Physical Footprint in Israel

GE Healthcare Israel maintains a local office and innovation center in Haifa (Life Sciences Park), active through at least 2023-2024 58. General Electric Israel Ltd is registered as a legal entity providing in-country commercial, business development, and liaison functions for GE’s industrial and healthcare segments, active as of 2024-2025 6. GE Vernova maintains commercial and service relationships with Israel Electric Corporation (IEC) through documented service contracts, implying in-country field service personnel or authorized local service agents 1314.

Employment

GE Healthcare Israel employs approximately 400 people in Haifa 5. GE’s Israeli workforce size is not publicly disclosed at the country level in SEC filings; only global headcount is reported (GE Aerospace approximately 128,000 worldwide as of 2024) 10.

Market Positioning

In the GE Aerospace 2024 annual report, the Middle East is referenced broadly as a growth market; Israel is not separately named as a strategic priority 10. GE Vernova’s 2024 Form 10-K references the Middle East as an active market for gas turbine servicing 11. No public evidence identified of GE characterizing Israel as a “regional hub” or “strategic anchor market” distinct from the broader EMEA region 101112.

Defense and Security Sector

GE Aerospace-supplied engines power Israeli Air Force platforms including F-15IA, F-16, and CH-53K helicopter fleets 123. GE engine integration is documented for the IAI Heron UAV platform 1.

Corporate Structure & Foundational Ties

Founding and Incorporation History

General Electric was founded in 1892 in the United States; no Israeli founding origin exists 10. As of April 2024, GE completed a three-way separation into: (1) GE Aerospace (NYSE: GE), (2) GE Vernova (NYSE: GEV), and (3) GE Healthcare Technologies (NASDAQ: GEHC) 101112. None of the three successor entities were founded in Israel or derive from acquired Israeli-origin businesses 10.

Headquarters and Domicile

GE Aerospace is incorporated in New York with operational headquarters in Evendale, Ohio (Cincinnati metropolitan area) 10. GE Vernova is headquartered in Cambridge, Massachusetts 11. GE Healthcare Technologies is headquartered in Chicago, Illinois 12. No dual headquarters or Israeli legal domicile has been identified for any successor entity 101112.

Group Attribution

The three successor entities are legally independent with no common parent following the April 2024 separation 10. Israel-relevant activities are distributed across: GE Aerospace (defense engines), GE Vernova (power infrastructure), and GE Healthcare (innovation center) 101112.

State and Institutional Linkages

GE Aerospace holds U.S. Department of Defense contracts for military jet engines (F110, F404, F414 series), subject to U.S. export control (ITAR/EAR) and FMS program requirements 10. GE Vernova’s supply relationship with IEC constitutes an indirect commercial relationship with an Israeli state-owned entity (IEC is majority government-owned) 1314.

Controlling Principals

No public evidence identified of controlling principals (CEO, board members, or ≥10% shareholders) holding personal investments in Israeli-domiciled companies or Israeli defense entities. Proxy statement disclosures confirm executive equity holdings in GE successor companies but do not itemize external personal investment portfolios 15.

Profit Repatriation & Economic Contribution

Revenue Attribution

GE successor entities do not report Israel as a separately disclosed revenue geography in 10-K filings; revenue is reported at broad regional aggregates (Americas, EMEA) 101112.

Profit Flow Direction

The corporate structure is U.S.-domiciled across all three successor entities. Profits from Israeli commercial operations flow outward to U.S. parent entities via intercompany and dividend structures 10.

Economic Ecosystem Role

GE Vernova contributes to Israel’s national energy infrastructure through gas turbine supply and service contracts with IEC (Eshkol, Tzafit, and Alon Tavor power stations) 1314. GE Healthcare contributes to the Israeli medical technology ecosystem through its innovation center, hospital partnerships, and diagnostic imaging equipment supply 58. GE Aerospace engines are embedded in Israeli military aviation operational readiness as an indirect contributor 12.

End Notes

Footnotes

  1. https://investigate.afsc.org/company/ge-aero ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12

  2. https://www.dsca.mil/press-media/major-arms-sales/israel-f-15ia-and-f-15i-aircraft ↩ ↩2 ↩3

  3. https://www.dsca.mil/press-media/major-arms-sales ↩ ↩2

  4. https://www.whoprofits.org/companies/company/6337 ↩

  5. https://www.linkedin.com/pulse/ges-story-israel-eyal-eliezer ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  6. https://opencorporates.com/companies/il/514332089 ↩ ↩2

  7. https://www.sec.gov/Archives/edgar/data/1854587/000162828025013334/R27.htm ↩ ↩2

  8. https://www.gehealthcare.com/about/our-locations/middle-east ↩ ↩2 ↩3

  9. https://www.nbim.no/en/responsible-investment/exclusion-of-companies ↩

  10. https://www.sec.gov/Archives/edgar/data/40534/ ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16

  11. https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=GEV&type=10-K ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10

  12. https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001932393&type=10-K ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9

  13. https://www.ge.com/news/press-releases/israel-electric-corporation-signs-multiyear-services-agreement-ge-help-enhance ↩ ↩2 ↩3

  14. https://www.ge.com/news/press-releases/israel-electric-corporation-awards-contract-ge-ha-gas-turbine-technology ↩ ↩2 ↩3

  15. https://www.sec.gov/Archives/edgar/data/40545/000121465926004099/j331266px14a6g.htm ↩