INDEX / DIRECTORY / GENERAL ELECTRIC / ECONOMIC

General Electric ECONOMIC

ECONOMIC AUDIT UPDATED 2026-07-05
Economic Score 8.30 /10 B General Electric - BDS-1000 716
Economic 8.30

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General Electric - Economic Audit

Supply Chain & Sourcing Relationships

Cross-referencing against the principal arms-trade and business-and-human-rights watchlists found no listing of General Electric, GE Aerospace, GE Vernova, or GE HealthCare by name in the OHCHR settlement-business database or its founding 2020 report (A/HRC/43/71, which lists 112 enterprises) 123. No public evidence identified that GE or its successor entities appear on the OHCHR settlement-business list, though the database’s West Bank/East Jerusalem mandate may not capture Golan Heights wind-turbine activity, which is a scope limitation rather than a finding of non-involvement 12. Search-snippet review of UN Special Rapporteur Francesca Albanese’s July 2025 ā€œeconomy of genocideā€ report did not surface General Electric by name, though full paragraph-level verification of the document was not completed 4. PAX’s June 2024 assessment of arms producers and financiers names Boeing, General Dynamics, Leonardo, Lockheed Martin, RTX, and Rolls-Royce as the six largest weapons suppliers to Israel for 2019–2023 without including General Electric among them, consistent with GE functioning as a sub-tier engine and component supplier rather than a prime weapons contractor 5.

No public evidence identified of direct supplier relationships between General Electric and Israeli agricultural exporters such as Mehadrin, Hadiklaim, Galilee Export, or Agrexco successors, of an importer-of-record structure for agricultural goods, of seasonal agricultural sourcing patterns, or of third-party/indirect agricultural sourcing; GE is an industrial, aerospace, healthcare, and energy conglomerate rather than a food retailer or importer, and searches of Who Profits, AFSC Investigate, and general news sources returned no agricultural sourcing relationship 67.

On the military/industrial side, the sourcing relationship is extensive and well documented:

Product Origin, Labeling & Regulatory Compliance

No public evidence identified of General Electric selling settlement-origin or ā€œProduce of Israelā€-labeled consumer goods, as this category is not applicable to GE’s industrial, aerospace, healthcare, and energy business lines. No public evidence identified of GE being subject to country-of-origin food-labeling enforcement actions (e.g., under DEFRA or comparable customs regimes) in the searches conducted. No public evidence identified of a GE corporate policy addressing occupied-territory sourcing or labeling specifically for goods; GE Aerospace publishes a general Human Rights Policy (ā€œThe Spirit & The Letterā€) and General Electric separately publishes a Human Rights Statement of Principles, both invoking the UN Guiding Principles on Business and Human Rights and referencing due-diligence obligations for ā€œsuspicious conditions,ā€ but neither document names Israel, the West Bank, or occupied territories specifically in the retrieved text 1516.

Investment, Capital & Financial Exposure

Operational Presence & Market Activity

Corporate Structure & Foundational Ties

General Electric was not founded or incorporated in Israel; it is a US conglomerate with New York/Boston-area founding origins, and GE’s Israeli healthcare presence instead traces to 1998-era acquisitions of the ultrasound division of Elbit Imaging and the MRI division of Elscint, which formed the basis of what is now GE Healthcare Israel - an acquired rather than founding relationship 618. A commonly repeated claim that GE acquired Given Imaging, an Israeli capsule-endoscopy pioneer, was found to be inaccurate: Given Imaging was acquired by Medtronic for $860 million in 2014, not by GE Healthcare. GE Healthcare’s verified Israeli acquisitions and investments instead consist of VersaMed Corporation (ventilators, acquisition completed March 2008) 33, Check-Cap (colorectal imaging capsule, via a GE healthymagination Fund investment and a development/supply agreement for GE Healthcare-Israel to produce CZT imaging sensors, circa 2012) 34, and the 1998-era Elbit Imaging/Elscint acquisitions noted above 18.

GE Aerospace is headquartered in Cincinnati/Evendale, Ohio, while GE Vernova and GE HealthCare maintain separate US headquarters following the 2024 spin-off; no dual or legacy Israeli headquarters was identified for any of the three entities 6282930. No evidence of an Israeli state ownership stake in GE or its successor entities was found. The clearest state-institutional linkage is the GE-IAI Aviation Services International joint venture, which directly connects GE to Israel Aerospace Industries - a company wholly owned by the State of Israel - via IAI’s Bedek Aviation Group subsidiary 14. GE Aerospace’s F110/F-15IA/CH-53K contracts are administered through the US Foreign Military Sales/Foreign Military Financing framework, meaning they are formally routed via the US government rather than direct bilateral contracting with Israel’s Ministry of Defense; no evidence of a direct IMOD tender contract with GE was found. No public evidence identified of golden shares, founder shares, or charter provisions tying GE or its successors to the Israeli state.

Shareholder governance activity concerning GE’s Israel-linked defense business has been active and ongoing: the Presbytery of San Francisco filed a divestment overture concerning GE (and Palantir) dated 6 January 2024, though its full text could not be extracted 35. For GE Aerospace’s 2026 annual meeting (scheduled 5 May 2026), the Presbyterian Foundation, co-filing with Portico Benefit Services, submitted ā€œProposal 7,ā€ requesting an independent third-party report on GE Aerospace’s due-diligence process regarding whether customers’ use of its defense-related products, components, or systems contributes to human-rights harms or violations of international humanitarian law in conflict-affected and high-risk areas, explicitly citing alleged IDF use of GE products ā€œin violation of international law, including war crimes and crimes against humanityā€ 1236. GE Aerospace’s board recommended shareholders vote against Proposal 7 12, and the Anti-Defamation League and JLens organized an opposition campaign arguing the proposal disproportionately singles out Israel relative to Egypt, India, Saudi Arabia, and China, and citing the Presbyterian Church’s history of Israel-focused divestment activity since 2004 and its 2022 ā€œapartheidā€ designation of Israel 1237. This shareholder dispute has drawn broader financial-press coverage 38. By contrast, GE has previously demonstrated capacity for conflict-related operational withdrawal elsewhere: it paused Russian operations following sanctions imposed after Russia’s invasion of Ukraine, and stopped servicing its gas turbines at Russian thermal power plants after extended US sanctions took effect 3940; no analogous operational change regarding Israel has been identified despite the shareholder pressure described above.

Profit Repatriation & Economic Contribution

No public evidence identified of General Electric, GE Aerospace, GE Vernova, or GE HealthCare disclosing Israel-specific revenue figures in SEC filings or investor materials; only global segment figures, such as GE Aerospace’s Defense & Systems revenue of approximately 23%/$6.6 billion in 2025, were located 12. All identified Israeli operations - the Ramat Gan energy entities, the Haifa and Herzliya R&D centers, and the GE HealthCare Israel centers - are structured as subsidiaries of US-domiciled parent companies, meaning profits from Israeli operations would flow outward to the US-domiciled GE Aerospace, GE Vernova, and GE HealthCare parents rather than the reverse; no evidence of Israeli-domiciled beneficial ownership of any GE successor entity was found 2829301920.

GE Vernova’s more-than-six-decade relationship supplying gas and steam turbines and grid transmission/distribution solutions to Israel Electric Corporation, including delivery of roughly 4% of Israel’s total power-generation capacity through the Orot Rabin project alone, indicates a position as a significant infrastructure-technology supplier to Israel’s electricity sector, though no independent government or industry-association ā€œsector anchorā€ designation for GE was located 232425. On philanthropic economic contribution, GE Foundation’s Matching Gifts Program Guidelines document does not name Israel-specific or IDF-linked charitable organizations, and no evidence was found confirming or excluding Israel-specific charities from GE’s matching-gift eligibility 41.

End Notes

Footnotes

  1. https://www.un.org/unispal/wp-content/uploads/2020/02/A.HRC_.43.71-1.pdf ↩ ↩2

  2. https://www.ohchr.org/en/press-releases/2020/02/un-rights-office-issues-report-business-activities-related-settlements ↩ ↩2

  3. https://www.ohchr.org/en/business/bhr-database ↩

  4. https://www.un.org/unispal/document/a-hrc-59-23-from-economy-of-occupation-to-economy-of-genocide-report-special-rapporteur-francesca-albanese-palestine-2025/ ↩

  5. https://paxforpeace.nl/wp-content/uploads/sites/2/2024/06/The-Companies-Arming-Israel-and-Their-Financiers-June-2024.pdf ↩

  6. https://www.whoprofits.org/companies/company/6337 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13

  7. https://investigate.afsc.org/company/ge-aero ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  8. https://www.whoprofits.org/publications/report/170 ↩ ↩2 ↩3

  9. https://caat.org.uk/data/companies/ge/ ↩

  10. https://www.aerotime.aero/articles/israel-orders-25-f-15ia-jets-boeing-5-2-billion ↩

  11. https://www.ir-ia.com/news/us-awards-boeing-8-6-billion-contract-for-f-15-fighter-jets-for-israel/ ↩

  12. https://www.jlensnetwork.org/the-case-to-vote-against-proposal-7-shareholder-proposal-requesting-report-on-defense-related-products-on-ge-aerospaces-2026-proxy-statement/ ↩ ↩2 ↩3 ↩4 ↩5

  13. https://tollbit.briefglance.com/articles/ge-aerospace-faces-proxy-battle-over-israel-defense-contracts ↩

  14. https://www.geaerospace.com/news/press-releases/services/ge-iai-aviation-services-international-wins-launch-order-worth-more-70 ↩ ↩2

  15. https://www.geaerospace.com/sites/default/files/Human%20Rights%20Policy_EN.pdf ↩

  16. https://www.ge.com/sites/default/files/human_rights_statement_of_principles.pdf ↩

  17. https://en.globes.co.il/en/article-1000653767 ↩ ↩2 ↩3 ↩4

  18. https://www.israel21c.org/general-electric-medical-imaging-at-home-in-israel/ ↩ ↩2 ↩3 ↩4 ↩5

  19. https://www.dnb.com/business-directory/company-profiles.ge_renewable_israel_ltd.fcc39ecf6d3599abc72e1c5b27279821.html ↩ ↩2 ↩3

  20. https://www.dnb.com/business-directory/company-profiles.general_electric_energy_israel_ltd.3ece95672f6ea6cac929e9f0817c3742.html ↩ ↩2 ↩3

  21. https://www.dunsguide.co.il/en/Cc5fcf29256d6a45aa19d4fa53be148af_high_tech_computing_services/ge_renewable_israel/ ↩ ↩2

  22. https://www.dunsguide.co.il/en/C485f7e59cabebe59ccdc8294910e324e_real_estate_construction/general_electric_energy_israel/ ↩ ↩2

  23. https://www.gevernova.com/gas-power/resources/case-studies/israel-electric-orot-rabin ↩ ↩2

  24. https://www.powermag.com/press-releases/israel-electric-corporation-awards-contract-to-ge-for-ha-gas-turbine-technology/ ↩ ↩2

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

  26. https://haaretz.com/israel-news/business/ge-buys-israeli-japanese-internet-of-things-startup-for-40-million-1.5437167 ↩ ↩2 ↩3

  27. https://www.arcweb.com/blog/ge-buys-israeli-japanese-internet-things-startup-40-million ↩ ↩2

  28. https://www.sec.gov/Archives/edgar/data/0001996810/000119312524037526/d542465dex991.htm ↩ ↩2 ↩3 ↩4

  29. https://www.forbes.com/sites/joecornell/2024/01/30/general-electric-to-spin-off-vernova-unit-in-april-2024/ ↩ ↩2 ↩3 ↩4

  30. https://www.gevernova.com/news/press-releases/ge-board-of-directors-approves-spin-off-of-ge-vernova-ge-vernova-and-ge-aerospace-to ↩ ↩2 ↩3 ↩4

  31. https://www.macrotrends.net/stocks/charts/GE/ge-aerospace/number-of-employees ↩

  32. https://www.ge.com/taxonomy/term/3091 ↩

  33. https://www.hospimedica.com/business/articles/277240000/ge-healthcare-completes-acquisition-of-versamed.html ↩

  34. https://www.vision-systems.com/non-factory/life-sciences/article/16747366/general-electric-invests-in-ingestible-imaging-capsule ↩

  35. https://www.presbyteryofsf.org/wp-content/uploads/2024/02/REPORT-I-B-MOTION-2-Divestment-from-Palantir-and-GE-2024-Overture-1-06-2024.pdf ↩

  36. https://www.iccr.org/wp-content/uploads/2026/04/GE-Aerospace-Exempt-Solicitation-03312026.pdf ↩

  37. https://www.adl.org/resources/press-release/adl-and-jlens-urge-ge-aerospace-shareholders-vote-against-proposal-7-annual ↩

  38. https://finance.yahoo.com/markets/stocks/articles/shareholder-activism-puts-ge-israel-070953804.html ↩

  39. https://leave-russia.org/general-electric ↩

  40. https://www.business-humanrights.org/en/latest-news/russia-general-electric-stopped-service-of-its-gas-turbines-on-russian-thermal-power-plants-after-extended-us-sanctions-came-into-effect/ ↩

  41. https://www.ge.com/sites/default/files/GEA33651_Matching_Gifts_Guidelines_January_2020.pdf ↩