GE Aerospace

GE Aerospace stands as the world's premier manufacturer of jet engines and aviation systems, representing the legal successor to the storied General Electric Company founded in 1892. Following a strategic transformation announced in November 2021, GE completed its separation into three independent companies, with GE Aerospace emerging as a standalone public company on April 2, 2024, following the spin-off of GE Vernova. This transformation marked the culmination of a multi-year restructuring led by CEO Larry Culp to unlock shareholder value and create more focused, agile organizations.

The company operates at the intersection of engineering excellence and innovation, with a rich heritage spanning over a century of aviation advancement. GE Aerospace's portfolio encompasses the world's most powerful commercial jet engines, including the record-breaking GE9X that powers the Boeing 777X family, and the widely-deployed LEAP engine developed through CFM International, a 50-50 joint venture with Safran Aircraft Engines. The company generated $38.7 billion in revenue in 2024, with approximately 70% driven by high-margin aftermarket services including maintenance, repair, and overhaul operations.

With 53,000 employees worldwide, GE Aerospace serves both commercial and military aviation markets through an installed base of approximately 44,000 commercial engines and 26,000 military and defense engines. The company's FLIGHT DECK lean operating model drives operational excellence with an unwavering focus on safety, quality, delivery, and cost. In its first year as an independent company, GE Aerospace delivered exceptional performance with orders up 38%, revenue up 13%, and operating profit increasing 25% while expanding margins by 250 basis points to 26.2%.

GE Aerospace's commitment to innovation is evident in its pioneering use of ceramic matrix composites (CMCs) and additive manufacturing, with the GE9X featuring more than 300 3D-printed parts. The company invests heavily in sustainable aviation technologies, including the RISE (Revolutionary Innovation for Sustainable Engines) program aimed at developing next-generation propulsion systems. Looking ahead, GE Aerospace projects 2025 operating profit in the range of $7.8-8.2 billion with free cash flow of $6.3-6.8 billion, while returning over $7 billion to shareholders through dividends and share repurchases, cementing its position as a leader in aerospace innovation and financial performance.