MD&A performed inspection, replacement, and repairs for various GE® steam turbine control components for a US-based customer. The extensive and varied list included valves, actuators, spring cans, ...
Lebanon's Hezbollah militant group announced Tuesday that Naim Qassem, a deputy to its slain long-time leader Hassan Nasrallah, will helm the Iran-backed organization. Qassem has been serving as ...
Shares of GE Aerospace were getting hit hard Tuesday, as the aerospace and defense company beat overall third-quarter profit and revenue expectations and raised its full-year outlook, but the ...
Ana has 20+ years of experience covering home improvement and business topics for U.S. and international media. She’s been published in U.S. News & World Report, The American Scholar Magazine ...
Supply-chain issues and a slowdown in airplane deliveries are delaying engine deliveries. Management's commentary raised expectations for aftermarket revenue on legacy engines over the next few years.
GE Aerospace has a dominant share in the engine market for narrowbody jets and enjoys a strong position in widebodies. More than 70% of its commercial engine revenue comes from parts and services.
GE Aerospace (NYSE:GE) reported third-quarter 2024 adjusted revenue growth of 6% year-over-year to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.