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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 ...
General Electric's fall from grace took years, but now that it is done breaking itself into pieces, the new GE Aerospace is pretty attractive.
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.
The General Electric F110 is an afterburning turbofan jet engine produced by GE Aerospace (formerly GE Aviation). It was derived from the General Electric F101 as an alternative engine to the Pratt & Whitney F100 for powering tactical fighter aircraft, with the F-16C Fighting Falcon and F-14A+/B Tomcat being the initial platforms; the F110 would eventually power new F-15 Eagle variants as well.
GE Aerospace has retained the GE symbol. CHICAGO (Reuters) -General Electric on Tuesday completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once ...
GE Aerospace was a business group of General Electric. GE Aerospace made electronics and systems for the military and aerospace industries, like radar, secure communications equipment and military and commercial satellites. The majority of the group's business was in government and military applications.
The General Electric of old, a sprawling conglomerate, is no more. Today the GE ticker is fastened to GE Aerospace (NYSE: GE), a company focused on just one industry, aerospace and defense. This ...
However, it was announced on January 15, 2007 that Smiths Group was divesting Smiths Aerospace to General Electric for US $4.8 billion. [2] Smiths Aerospace, which was an important supplier, became an operating subsidiary of GE Aviation .