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AB SKF is a Swedish company specializing in the development, manufacturing, and distribution of bearings, seals, lubrication systems, and services in motion industries. Founded in 1907, it operates in the industrial mechanical engineering sector, providing key components and systems for rotating equipment. The company’s broad product offerings include spherical and roller bearings, linear motion products, and condition monitoring systems. Headquartered in Gothenburg, Sweden, SKF has a global presence with manufacturing facilities and service centers worldwide. Its competitive strengths include high-quality products, extensive research capabilities, and a strong focus on sustainability and innovation in its manufacturing processes.

GE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.