GE Aerospace
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ROIC.AI
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- GE Aerospace (NYSE: GE) designs, manufactures, and services commercial and military aircraft engines, providing a broad portfolio of advanced propulsion systems including the LEAP, GEnx, and GE9X turbofan engines for widebody and narrowbody aircraft; military engines such as the F110 for fighter jets and T700 for helicopters; integrated avionics and power systems; and comprehensive maintenance, repair, and overhaul (MRO) services through its global network of service centers. The company operates in the aerospace and defense industry, serving major commercial airlines, aircraft original equipment manufacturers (OEMs) like Boeing and Airbus, and U.S. and international military customers across more than 100 countries. Founded in 1892 as part of the original General Electric Company and headquartered in Evendale, Ohio, GE Aerospace focuses on sustainable aviation technologies, including hybrid-electric propulsion and hydrogen-ready engines to support net-zero emissions goals. In April 2024, GE Aerospace completed its spin-off from General Electric, becoming an independent public company listed under the GE ticker symbol, marking a major strategic reorganization to streamline focus on aviation; the company also launched the GE Aerospace Foundation with a $55 million commitment to workforce development and announced a multi-year collaboration with France's Safran Aircraft Engines to advance open-fan engine technology for future sustainable flight. Recent expansions include a new $1 billion investment in U.S. manufacturing facilities for engine production and a strategic partnership with Lufthansa Technik for additive manufacturing of spare parts, enhancing supply chain resilience.
Company News
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