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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 ...
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.
Data source: GE Aerospace presentations. Moreover, as discussed elsewhere, GE's management raised expectations for shop visit growth on its older CFM56 engine in the 2026 and 2027 time frames. The ...
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 ...
GE Aerospace Research, formerly GE Research, [1] is the research and development division of GE Aerospace. [2] Before 2024, it was a division of the General Electric Company , which split three ways between 2023 and 2024 and pivoted to aviation.
The major commercial engine manufacturers, such as GE Aerospace, RTX, and Rolls-Royce, make their money through the long-term stream of higher-margin aftermarket/services revenue generated on long ...
The Westinghouse Aviation Gas Turbine Division (AGT) was established by Westinghouse Electric Corporation in 1945 to continue the development and production of its gas turbine engines for aircraft propulsion under contract to the US Navy Bureau of Aeronautics. The AGT Division was headquartered in Kansas City, Missouri, where it remained in ...