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A cooperative venture between the General Electric Company and the University of Pennsylvania, designed to generate an optimum mix of specialization and generalization in future engineering leaders, is described in this paper. Some historical background is presented to provide a framework for discussion of the objectives and operation of the program. This program is structured to combine industrial and academic experience to take advantage of the strengths of each, with a provision to award Advanced Course and Doctoral degrees. Program participants are young General Electric engineers and scientists who are deeply involved in exploring the solar system and applying space techniques and technologies to terrestial progress.