Siemens (SI +0.8%) is appointing former U.S. Gen. Stanley McChrystal to chair a board overseeing...

|By:, SA News Editor

Siemens (SI +0.8%) is appointing former U.S. Gen. Stanley McChrystal to chair a board overseeing a newly created unit designed to better challenge GE (GE) on its home turf and help the German conglomerate double its annual U.S. government orders to $2B by 2015.