SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported) November 3, 1997


                            GENERAL ELECTRIC COMPANY
             (Exact name of registrant as specified in its charter)



    NEW YORK                          1-35                       14-0689340
 (State or other                   (Commission                  (IRS Employer
 jurisdiction of                  File Number)               Identification No.)
 incorporation)       


 3135 EASTON TURNPIKE, FAIRFIELD, CONNECTICUT                       06431
   (Address of principal executive offices)                       (Zip Code


        Registrant's telephone number, including area code (203) 373-2211



<PAGE>


ITEM 5.  OTHER EVENTS

         On November 3, 1997, the registrant and Lockheed Martin Corporation
         announced a definitive agreement under which Lockheed Martin will
         exchange the stock of a newly formed subsidiary comprising operating
         businesses, an equity interest and cash for all of the Lockheed Martin
         Series A preferred stock held by GE and its subsidiaries. A copy of the
         announcement is filed herewith as Exhibit 99 and is incorporated herein
         by reference and the foregoing description is qualified by the text of
         such Exhibit.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         EXHIBITS:

         (99)   Press release, dated November 3, 1997, issued by General
                Electric Company and Lockheed Martin Corporation.



                                   SIGNATURES

          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                       GENERAL ELECTRIC COMPANY



                                       
                                       By Philip D. Ameen
                                          Vice President and Comptroller

Date:  November 6, 1997



<PAGE>


                                  EXHIBIT INDEX





         (99)   Press release, dated November 3, 1997, issued by General
                Electric Company and Lockheed Martin Corporation.
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2554}]
{"company-data": {"conformed-name": "GENERAL ELECTRIC CO", "cik": "0000040545", "assigned-sic": "3600", "irs-number": "140689340", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-00035", "film-number": "97709300"}, "business-address": {"street1": "3135 EASTON TURNPIKE", "street2": "C/O BANK OF NEW YORK", "city": "FAIRFIELD", "state": "CT", "zip": "06431", "phone": "2033732816"}, "mail-address": {"street1": "3135 EASTON TURNPIKE", "city": "FAIRFIELD", "state": "CT", "zip": "06431"}}
SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported) November 3, 1997

                            GENERAL ELECTRIC COMPANY
             (Exact name of registrant as specified in its charter)

    NEW YORK                          1-35                       14-0689340
 (State or other                   (Commission                  (IRS Employer
 jurisdiction of                  File Number)               Identification No.)
 incorporation)       

 3135 EASTON TURNPIKE, FAIRFIELD, CONNECTICUT                       06431
   (Address of principal executive offices)                       (Zip Code

        Registrant's telephone number, including area code (203) 373-2211
ITEM 5.  OTHER EVENTS

         On November 3, 1997, the registrant and Lockheed Martin Corporation
         announced a definitive agreement under which Lockheed Martin will
         exchange the stock of a newly formed subsidiary comprising operating
         businesses, an equity interest and cash for all of the Lockheed Martin
         Series A preferred stock held by GE and its subsidiaries. A copy of the
         announcement is filed herewith as Exhibit 99 and is incorporated herein
         by reference and the foregoing description is qualified by the text of
         such Exhibit.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         EXHIBITS:

         (99)   Press release, dated November 3, 1997, issued by General
                Electric Company and Lockheed Martin Corporation.

                                   SIGNATURES

          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                       GENERAL ELECTRIC COMPANY

                                       
                                       By Philip D. Ameen
                                          Vice President and Comptroller

Date:  November 6, 1997
EXHIBIT INDEX

         (99)   Press release, dated November 3, 1997, issued by General
                Electric Company and Lockheed Martin Corporation.