General Electric Company
GEC.DE
Deutsche Börse10.99
EUR
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General Electric Company
GEC.DE
(Deutsche Börse)
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10.99
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ROIC.AI
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- Business
- General Electric Company (GE Aerospace) operates as a leading provider of commercial and military aircraft engines, integrated engine components, electric power systems, and mechanical systems for aviation; it offers turboprop and jet engines for commercial, business, military, and general aviation applications, along with maintenance, repair, and overhaul services. The company, founded in 1892 and headquartered in Evendale, Ohio, focuses primarily on its Commercial Engines & Services segment and Defense & Propulsion Technologies segment, serving global customers including airlines, governments, and defense contractors across North America, Europe, Asia, and other regions. GE Aerospace trades on multiple exchanges, including under the ticker GEC.DE on Xetra in Germany. Its core products encompass high-bypass turbofan engines such as the GE9X and GEnx series for widebody aircraft; adaptive cycle engines like the XA100 for next-generation combat propulsion; turboprop engines; and aftermarket spares and services supporting approximately 44,000 commercial and 26,000 military engines worldwide. The company emphasizes innovation in fuel-efficient technologies compatible with sustainable aviation fuels and collaborates on advanced manufacturing expansions, including a USD 14 million investment in its Pune, India facility. In recent developments, GE Aerospace completed its separation from legacy operations through the April 2024 spin-off of GE Vernova (energy) and prior divestiture of GE HealthCare, streamlining into a pure-play aviation leader with enhanced investment-grade status on the NYSE under ticker GE. It strengthened strategic partnerships, such as a May 2025 agreement with Qatar Airways for over 400 GE9X and GEnx engines plus spares, and continues ramping production capacity while prioritizing engine durability enhancements. These moves support projected revenue growth amid rising global demand for efficient propulsion systems.