GE Aerospace Stock Price, News & Analysis

GE Healthcare has launched the Vscan Air™, a wireless pocket-sized ultrasound device that offers high-quality imaging and whole-body scanning capabilities. This innovative tool is designed for ease of use, allowing clinicians to quickly perform examinations and triage patients, especially critical cases, directly at the bedside. The Vscan Air is noted for its intuitive user interface and portability, enabling clinicians to enhance patient care efficiently. With over 30,000 existing Vscan systems impacting more than 50 million patients globally, this launch reinforces GE Healthcare's commitment to advancing medical technology.

AerCap Holdings N.V. (NYSE: AER) has announced its definitive agreement to acquire 100% of GE Capital Aviation Services (GECAS) from General Electric (NYSE: GE). The transaction is valued at $24 billion in cash, plus $1 billion in AerCap notes, and will issue 111.5 million shares to GE, resulting in GE holding approximately 46% of the combined company. This acquisition will create a leading aviation leasing platform, enhancing cash flows and profitability. The transaction is expected to close in Q4 2021, pending regulatory and shareholder approvals.

GE (NYSE:GE) has outlined its 2021 outlook, focusing on growth and financial stability. The company anticipates GE Industrial revenues to grow organically in the low-single-digit range with an adjusted profit margin expansion of over 250 basis points. Adjusted earnings per share are projected between $0.15 and $0.25, and free cash flow is expected between $2.5 billion and $4.5 billion. Additionally, GE is simplifying operations by merging its GE Capital Aviation Services with AerCap Holdings, a move valued at over $30 billion. A reverse stock split is also proposed to adjust share count.

GE (NYSE:GE) announced a strategic combination of its GECAS business with AerCap Holdings N.V., marking a significant transformation towards a more focused industrial company. The deal, valued at over $30 billion, will provide GE with approximately $24 billion in cash and a 46% stake in the merged entity. This transaction aims to strengthen GE's financial position by reducing debt by $30 billion and enhancing operational simplicity. The new entity is set to become a leading global aviation lessor, leveraging expertise for growth while simplifying GE's operations to focus on its industrial core.

Altair has acquired Flow Simulator from GE Aviation, a software that enables flow, heat transfer, and combustion design simulations. This acquisition allows Altair to enhance its software capabilities, facilitating mixed fidelity simulations for various industries including automotive and renewable energy. The deal includes a memo of understanding for a long-term partnership to explore further innovations. With a focus on system-level design, this strategic engagement aims to expand Altair's market reach while optimizing complex thermal system models.

The Board of Directors of GE has declared a $0.01 per share dividend on its outstanding common stock, payable on April 26, 2021. Shareholders on record as of March 8, 2021 will receive this dividend, with an ex-dividend date set for March 5, 2021. This decision underscores GE's commitment to returning value to its shareholders while continuing to operate as a leader in building a world that works efficiently and reliably.

GE Digital and Teradata have launched a new software solution, Flight Data Link, designed to integrate aviation-specific data with Teradata Vantage, a cloud analytics platform. This solution aims to help airlines accelerate their digital transformation by reducing operational costs and enhancing insights from customer, maintenance, and supply chain data. By merging flight data from GE's Event Measurement System with Vantage, airlines can perform complex analyses across multiple flights, ultimately driving efficiency and improving predictive maintenance capabilities.

GE Healthcare has been awarded the 2020 Global Company of the Year by Frost & Sullivan for its innovative AI-based command centers that enhance hospital efficiency. The solution integrates data from existing hospital systems to improve resource optimization. Command centers can yield a return on investment in 18 to 24 months and increase bed capacity by 15 to 30 beds without physical expansion. Currently, over 210 hospitals across 6 countries utilize GE’s command center software, which leverages advanced technologies such as predictive analytics and machine learning.

GE Digital has been recognized as a leader in Asset Performance Management (APM) across key industries including Oil & Gas, Utilities, Mining, and Manufacturing by IDC's MarketScape 2020-2021. This acknowledgment is attributed to GE Digital's robust APM solutions, which utilize advanced analytics and Digital Twin technology to optimize asset performance. The report highlights the company's user interface, customer-centric approach, and the modularity of its solutions as significant strengths, ensuring effective scaling for various industrial applications.