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Longer-term, GE Aerospace's defense business has a nearly $17 billion backlog. That's work that should keep the company busy for years. ... GE Aerospace's business will obviously wax and wane over ...
General Electric Company, doing business as GE Aerospace, [5] is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati.It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare ...
Shares in GE Aerospace (NYSE: GE) rose by more than 63% in 2024 after adjusting for the spinoff of GE Vernova in April, according to data provide d by S&P Global Market Intelligence.The move comes ...
Add in another $18 billion from the defense side of the business and GE Aerospace's total backlog is well over $150 billion. That's a lot of work lined up to power the company's revenues and ...
GE Aerospace reported an adjusted profit of $1.32 per share, compared with 65 cents a year ago. The company's adjusted revenue for the fourth quarter ended Dec. 31 rose 16% to $9.88 billion.
GE Aviation Systems (formerly Smiths Aerospace) is an American aerospace engineering, aircraft engine and aircraft parts manufacturer. Smiths Aerospace was formerly one of four business units of Smiths Group plc. , an engineering company and constituent of the FTSE 100 share index.
GE Aerospace (NYSE:GE) shares are trading higher premarket on Thursday after it reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 ...
One year ago, GE's aerospace business was earning an operating profit margin of 18.8% on its sales. In Q3 2024, that number improved to 20.3%. Also encouraging was the growth in new orders.