"This delivery represents the beginning of a new era and a pivotal moment in our ongoing work with the U.S. Army," said Amy Gowder, president and CEO, Defense & Systems at GE Aerospace. "The T901 engine will ensure warfighters will have the performance, power, and reliability necessary to maintain a significant advantage on the battlefield."Today's announcement comes on the heels of the first ever ground run of an aircraft powered by a T901 engine. In April, a T901 engine successfully powered Sikorsky's Fut ...

arogant/iStock via Getty Images Introduction A few years ago, when I was researching Lithium and EV markets I read accounts that electricity demand from EV penetration could be akin to what was seen in the 1960s & 1970s with the penetration of microwaves, hairdryers, and air-conditioning, etc. that drove demand 30%, or about an additional 2% per year, which is considerable and would require electric utilities to invest in capacity and grid resiliency. Then the summer heat waves began, and another layer of d ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

J.P. Morgan recently served notice that the aerospace giant could miss its engine delivery targets in 2024.GE Aerospace (GE 1.07%) stock has recently experienced a dip in value due to J.P. Morgan's decision to lower its estimate for second-quarter sales to $8.4 billion. This estimate is notably lower than the Wall Street analyst consensus of $8.85 billion, but is it a reason to sell the stock? Here's what you need to know before taking action. The reason for the downgradeJ.P. Morgan's analyst is arguing tha ...

One analyst is worried the company's quarterly sales could fall short.A prominent Wall Street analyst has some doubts about GE Aerospace's (GE -3.47%) current quarter, and investors are taking note.Shares of GE Aerospace traded down 4% as of 11:30 Eastern after JPMorgan Chase cut its second-quarter sales estimate to an analyst-low $8.4 billion.Supply chain chaos could eat into deliveriesGE Aerospace is the last remaining part of the one-time industrial conglomerate now that the healthcare and energy assets ...

GE Aerospace (GE) recently announced that it has opened a Türkiye Technology Center (“TTC”) in the Kartal district of Istanbul. This new facility will boost the company’s engineering, innovation, manufacturing and research capabilities in the region.Founded in 2000, TTC serves as GE’s engineering facility for its GEnx, CFM LEAP, GE9X and catalyst engines. The facility also works on technology upgrades for its in-service engines. Its engineers are currently working on aero-derivative technology to manufactur ...

HAKINMHAN Introduction I have to say I do not have many regrets when I think of investments I made in the past few years. I still own most of the companies I bought for my dividend growth portfolio since the pandemic, and I did not sell anything at a loss. While that may sound a bit cocky, note that I have a multi-decade investment horizon when I place an investment. My turnover is extremely low. That said, my biggest regrets are stocks I did not buy - especially stocks that I gave a (Strong) Buy rating in ...

Visiongain has published a new report entitled Airborne Wind Energy Market 2024-2034: Forecasts by Application (Onshore, Offshore), by Power Generation Capacity (Small-scale Systems (Below 100 kW), Medium-scale Systems (100 kW-1 MW), Large-scale Systems (Above 1 MW)), by Component (Airborne Wind Turbines, Ground Station, Tether, Other), by Technology Type (Kite-based Systems, Balloon-based Systems, Glider-based Systems, Aircraft-based Systems, Other) AND Regional and Leading National Market Analysis PLUS An ...

General Electric Company (GE) has failed to impress investors with its recent operational performance due to rising costs and forex woes. These factors are likely to impede GE’s earnings in the quarters ahead.Let’s discuss the factors that might continue taking a toll on this Zacks Rank #4 (Sell) company.Steep Costs: GE Aerospace has been dealing with the adverse impacts of the high cost of sales and operating expenses. In the first quarter, its cost of sales jumped 8.4% year over year to $11.6 billion, whi ...

The aerospace company has plenty of long-term growth prospects based on its dominant market position in airplane engines.UBS recently raised its price target on GE Aerospace (GE 1.25%) stock from $191 to $201 while maintaining a buy rating on the stock. According to thefly.com, the UBS analyst's argument is based on GE Aerospace's strong position in the airplane engine aftermarket. Bullishness comes from a combination of growing flight departures and GE's dominant position in commercial aircraft engines. It ...