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GE Aviation closed the transaction on May 4, 2007. [24] Smiths Aerospace, which was an important supplier, became an operating subsidiary of GE Aviation known as GE Aviation Systems. This acquisition will reportedly give the combined unit the clout to resist pricing pressures from its two largest customers, Boeing and Airbus. [23]
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 ...
That increase shows that customers haven't lost faith in GE Aerospace. Longer-term, GE Aerospace's defense business has a nearly $17 billion backlog. That's work that should keep the company busy ...
GE Aerospace exceeded expectations in Q4 2024, ... affirming effective market strategies and customer engagement. GE Aerospace management said it plans to hike its $0.28 per-share dividend by 30% ...
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 ...
Comparing commercial aerospace giant GE Aerospace (NYSE: GE) with leading defense contractor Lockheed Martin ... there are numerous end-market customers, including the airlines themselves. As ...
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 ...
Investors are taking notice, sending shares of GE Aerospace up 8% as of noon ET. Strong pricing leads to an earnings beat GE Aerospace is the last vestige of onetime conglomerate General Electric.