Shares in GE Aerospace (GE 0.34%) rose by more than 63% in 2024 after adjusting for the spinoff of GE Vernova in April, according to data provided by S&P Global Market Intelligence. The move comes as the commercial aerospace industry and GE, in particular, helped dispel fears of a slowdown in original equipment (OE) sales due to both Boeing and Airbus falling short of airplane production expectations and ongoing supply chain and parts availability issues at suppliers like GE.GE Aerospace in 2024In the end, ...

CINCINNATI, Jan. 8, 2025 /PRNewswire/ -- GE Aerospace (NYSE:GE) received an order for 210 T700 engines to power the 96 Boeing AH-64E Apache Guardian helicopters for the Polish Armed Forces."This T700 engine is the engine of choice for medium-sized helicopters with its exceptional performance, reliability, and durability," said Amy Gowder, President and CEO of Defense & Systems at GE Aerospace. "This order strengthens our relationship with Poland and expands the Polish Armed Forces' GE Aerospace-powered flee ...

LOS ANGELES, Jan. 08, 2025 (GLOBE NEWSWIRE) -- IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market, today announced that it has selected GE Appliances, a Haier company, as winner of the “Smart Appliance Company of the Year” award in the 9th annual IoT Breakthrough Awards program. GE Appliances is integrating Generative AI and other advanced technology into their breakthrough connected home sol ...

Core Insights - GE Aerospace's stock has declined nearly 9% since November, prompting an analysis of the reasons behind this drop and whether it presents a buying opportunity [1]. Group 1: Company Analysis - The report focuses on GE Aerospace, highlighting its recent stock performance and potential investment implications [1]. - The analysis is conducted by an expert with a background in aerospace engineering, emphasizing the complexity and growth potential of the aerospace, defense, and airline industry [1]. Group 2: Investment Strategy - The investing group aims to identify investment opportunities within the aerospace sector, utilizing data-informed analysis to guide investment decisions [1]. - Access to data analytics monitors is provided to enhance investment research and decision-making processes [1].

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should b ...

Core Viewpoint - GE Vernova aims to lead in the deployment of small modular reactors (SMRs) to meet rising electricity demand and reduce carbon emissions over the next decade [1][3]. Company Overview - GE Vernova is a spinoff from General Electric's former energy business, with its stock more than doubling since its NYSE listing in April 2023, indicating strong investor confidence in its role in the future power industry [2]. Market Potential - The U.S. government plans to triple nuclear power by 2050 to support an electric grid facing increasing demand, while large nuclear projects have historically faced significant budget and timeline challenges [3]. - GE Vernova's SMR, the BWRX-300, is designed to be more cost-effective, with construction costs estimated between $2 billion to $4 billion, compared to $10 billion to $15 billion for larger plants [4]. Technical Specifications - The BWRX-300 generates 300 megawatts of electricity, sufficient to power over 200,000 U.S. households, and offers flexibility in deployment locations [5]. - The modular design allows for multiple reactors to be installed at a single site, providing operational flexibility and potential for increased output [6]. Revenue Goals - GE Vernova targets over $2 billion in annual revenue from its small reactor business by the mid-2030s, with a projected demand for up to 57 small reactors in the U.S., Canada, the UK, and Europe by 2035 [7]. - To achieve this revenue target, the company would need to ship three to four reactors annually, potentially capturing a 33% market share in its target markets [8]. Strategic Partnerships - GE Vernova has signed a collaboration agreement to invest $500 million with Ontario Power Generation, Tennessee Valley Authority, and Synthos Green Energy to advance the BWRX-300 [9]. - The company is also engaging with major tech firms interested in nuclear power to meet energy demands from AI data centers [9]. Deployment Plans - GE Vernova secured its first commercial contract in North America for an SMR with Ontario Power in January 2023, marking a significant milestone in the deployment of SMRs in the developed world [12]. - The first reactor is expected to be operational by 2029, with plans for additional reactors at the same site [12].

GE Vernova (NYSE: GEV ) spun off from General Electric ( GE ) in April 2024, becoming an independent company. GE Vernova specializes in products and services for the electric power industry. The company has delivered double-digit organic revenue andMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potenti ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.GE Aerospace (NYSE: GE ) reported its third quarter earnings on the 22nd of October. Revenues missed analyst estimates by $440 million, but earnings per share of $1.15 beat estimates by $0.02. The stock price fell the day prior to the earnings repo ...

GE Aerospace (GE) recently announced that it has conducted a successful demonstration of a hybrid electric turboshaft propulsion system for the U.S. Army. The project was undertaken as part of a $5.1 million research and development contract—the Applied Research Collaborative Systematic Turboshaft Electrification Project (ARC-STEP). GE Aerospace performed the research, development and testing of one megawatt class electrified powerplant to combine this with an existing CT7 turboshaft engine. It's worth noti ...

GE Aerospace (GE -0.73%) trades at 33.6 times Wall Street estimates for 2025 earnings. That valuation might seem excessive, but it's crucial to note GE delivers an essential product (commercial airplane engines are its most important revenue generator) in a business with incredibly high barriers to entry, and GE is the leading player in it. Here's why the stock deserves a premium rating. A long tail of earnings in place Selling airplane engines isn't really a profitable business, as engines are typically so ...