GE Aerospace
Company Profile
Business description
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
Contact
One Financial Center
Suite 3700
BostonMA02111
USAT: +1 617 443-3000
Sector
Industrials
Stock type
Sensitive
Industry
Aerospace & Defense
Fiscal Year End
31 December 2024
Employees
125,000
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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,634.60 | 67.60 | 0.79% |
| CAC 40 | 7,213.32 | 14.87 | 0.21% |
| DAX 40 | 19,146.17 | 141.39 | 0.74% |
| Dow JONES (US) | 43,870.35 | 461.88 | 1.06% |
| FTSE 100 | 8,149.27 | 64.20 | 0.79% |
| HKSE | 19,601.11 | 103.90 | -0.53% |
| NASDAQ | 18,972.42 | 6.28 | 0.03% |
| Nikkei 225 | 38,187.05 | 160.88 | 0.42% |
| NZX 50 Index | 12,918.97 | 153.73 | 1.20% |
| S&P 500 | 5,948.71 | 31.60 | 0.53% |
| S&P/ASX 200 | 8,391.50 | 68.50 | 0.82% |