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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 ...
GE Aerospace (NYSE: GE) has had an excellent beginning as an independent company. The market has quickly responded by assigning it a premium rating, driven by strong operational performance and ...
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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.
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.
Once completed, GE Aerospace will employ 45,000 worldwide, including 9,000 in Greater Cincinnati and Northern Kentucky. The business, which makes military and commercial aircraft engines, reported ...
In April 2002, after twenty-two years operating as a private entrepreneurial business, Unison became a wholly owned subsidiary of GE Engine Services, Inc., a subsidiary of the GE Transportation division of the General Electric Company. [9] [10] Sontag agreed to remain with the company as a consultant to assist in the transition. [11]
All in, GE Aerospace looks like a worthy company to retain the iconic "GE" ticker symbol. But that doesn't mean it is worth buying right now. The stock price has rocketed higher, more than ...