GE Aeropsace’s GE revenue grew 9% in 2024, led by 15% growth in commercial engine manufacturing sales as demand remained high for the Leap engine, which powers most Airbus A320s. Overall operating ...
2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE ...
GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ...
Shares of GE Aerospace were soaring toward levels not seen in nearly two decades after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and said it ...
Engine, services and defense revenues all climbed. GE Aero also is hiking its dividend and set a stock buyback.
Nvidia's GeForce RTX 5090 is the fastest PC graphics card money can buy, and it asserts the company’s dominance in a product category that it founded itself on years ago.
CEO Larry Culp is intent on returning cash to stockholders, but he prefers more share repurchases at the expense of direct ...
GE Aerospace operates in a highly competitive but lucrative sector, providing commercial engines and aviation services that are essential for airlines worldwide. Its primary revenue comes from the ...
Material shortages and other supply chain problems held back GE Aerospace's engine production last year, with the company delivering 10% fewer CFM International Leap turbofans than it did in 2023.
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street ...