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ABB Ltd is a multinational corporation headquartered in Zurich, Switzerland, specializing in robotics, power, heavy electrical equipment, and automation technology. The company's core business segments include Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation. ABB was formed in 1988 through the merger of ASEA (Sweden) and BBC (Brown Boveri; Switzerland), creating a firm with a strong engineering heritage. With operations in over 100 countries, ABB holds a significant presence in European, Asian, and American markets. The company's strategic emphasis on digital industries and its commitment to innovation in energy efficiency and sustainable solutions enhance its competitive positioning in the automation and digitalization landscape.

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.