Welcome to our dedicated page for GE Aerospace news (Ticker: GE), a resource for investors and traders seeking the latest updates and insights on GE Aerospace stock.
GE Aerospace (NYSE: GE) is a global aerospace propulsion, services, and systems company with an installed base of tens of thousands of commercial and military aircraft engines. The GE news feed on Stock Titan highlights official announcements, customer agreements, technology collaborations, and capital markets disclosures that shape the company’s role in aviation.
News items often feature engine selection and purchase agreements with airlines and aviation groups for families such as GEnx and GE9X, including orders that cover engines, spare units, and long-term services support. These stories provide insight into how airlines are planning fleet growth, widebody expansion, and long-haul route development using GE Aerospace propulsion.
Investors and aviation followers will also find coverage of service and leasing partnerships, such as lease pool management arrangements for GE9X, GEnx, GE90, CF6, and CF34 engines. These updates explain how GE Aerospace and its partners manage shop visits, lease returns, and technical support to keep fleets operating reliably.
The news stream includes technology and innovation updates, including collaborations to develop hybrid electric turbogenerators for Advanced Air Mobility and work on integrated hybrid electric propulsion systems. Announcements about defense propulsion, such as the use of F110 engines and propulsion support for autonomous VTOL aircraft, highlight the company’s presence in military and next‑generation applications.
Additional releases cover corporate actions such as regular quarterly dividend declarations, leadership changes disclosed via SEC filings, and community and education initiatives, including scholarship programs supported by the GE Aerospace Foundation. For readers tracking GE Aerospace, this news page offers a centralized view of customer deals, technology milestones, governance developments, and strategic partnerships. Bookmark this page to monitor how GE Aerospace’s engine programs, services, and collaborations evolve over time.
GE Aerospace has secured an order from Japan Airlines for GEnx-1B engines to power up to 20 new Boeing 787-9 Dreamliner aircraft. This deal strengthens the long-standing relationship between the two companies, with Japan Airlines being the launch customer for the GEnx engine. The GEnx engine family has achieved over 56 million flight hours since 2011 and is GE Aerospace's fastest-selling high-thrust engine, with nearly 3,000 engines in service and on backlog.
The GEnx-1B powers two out of every three 787 aircraft in service and can operate on approved Sustainable Aviation Fuel (SAF) blends. Japan Airlines and its subsidiary currently operate a fleet of 53 Boeing 787s powered by GEnx engines, reaching 3 million engine flight hours in early 2024.
GE Aerospace (NYSE: GE) and the U.S. Department of Energy's Oak Ridge National Laboratory have signed a new Cooperative Research & Development Agreement (CRADA) to expand supercomputing capabilities for designing next-generation aircraft engine technologies, particularly the Open Fan architecture. This collaboration leverages Oak Ridge's Frontier supercomputer, the world's fastest, to enhance GE Aerospace's computational modeling and simulation capabilities.
The partnership aims to accelerate engine design and testing, focusing on the CFM RISE program, which targets a 20% reduction in fuel consumption and CO2 emissions compared to current engines. GE Aerospace has already conducted simulations on Frontier, analyzing aerodynamic and acoustic performance of full-scale Open Fan designs. This advanced computing power enables engineers to evaluate new technologies at flight scale during the design phase, potentially revolutionizing the future of flight.
GE Aerospace (NYSE:GE) has announced a $1 billion investment over five years to expand and upgrade its global Maintenance, Repair and Overhaul (MRO) facilities. This investment aims to increase capacity and improve turnaround times for customers' fleets. The funding will support the growing demand for CFM LEAP engines, with over 3,300 LEAP-powered aircraft in service and 10,000+ engines in backlog.
Key aspects of the investment include:
- Adding engine test cells and equipment
- Implementing cutting-edge technology for enhanced inspections
- Expanding component repair capabilities
- Construction of a new Services Technology Acceleration Center (STAC) near Cincinnati, Ohio
- $250 million allocated in 2024 for global regional repair and overhaul facilities
The investment supports GE Aerospace's commitment to safety, quality, and delivery for customers and the flying public.
TRIUMPH Group, Inc. (NYSE:TGI) has secured a contract from GE Aerospace to provide the Auxiliary Gearbox for the F404 afterburning turbofan engine. This component has potential future applications in multiple platforms, including the T7-A, T-50, and TAI Hurjet. The work will be carried out at TRIUMPH's facility in Macomb, Michigan.
TRIUMPH, a long-standing partner of GE Aerospace, specializes in designing and manufacturing complex aerospace gearing components and integrated gearboxes for various aircraft applications. This sole-source award strengthens their partnership and supports GE Aerospace's engine applications for both legacy fleets and new aircraft.
GE Aerospace (NYSE: GE) announced the acceptance of two T901-GE-900 engines by the U.S. Army for integration and testing with UH-60 Black Hawk helicopters. The event marks a pivotal moment in GE's collaboration with the Army, aiming to provide enhanced performance, power, and reliability for military missions.
These engines, designed to deliver greater range, more power, and reduced maintenance costs, were unboxed at Sikorsky's facility in West Palm Beach, Florida. The T901 engine has successfully powered Sikorsky's Future Attack Reconnaissance Aircraft (FARA) prototype, Raider X, and is built on GE's extensive experience with the T700 engine.
Utilizing advanced technologies such as 3D-printing and ceramic matrix composites, the T901 offers significant improvements while maintaining a modular design for easy integration and reduced life-cycle costs. The engine addresses the Army's needs for increased power and fuel efficiency.
GE Aerospace's Board of Directors has declared a quarterly dividend of $0.28 per share on its outstanding common stock. The dividend will be payable on July 25, 2024, to shareholders who are on record as of July 11, 2024. The ex-dividend date for this announcement is also July 11, 2024. This decision reflects the company's commitment to returning value to its shareholders.
Dolby Laboratories (NYSE: DLB) announced an agreement to acquire GE Licensing from GE Aerospace for $429 million in cash. The acquisition, which includes over 5,000 patents in video codec technology, aims to strengthen Dolby’s licensing business and foster future growth. GE Aerospace will retain its aerospace and defense IP portfolio. The transaction is expected to close by the end of fiscal 2024, subject to regulatory approval, and is anticipated to be accretive to Dolby’s operating margins and EPS in fiscal 2025. This deal will not impact Dolby's dividend or stock repurchase practices.
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