GE Aerospace Wins Deal From U.S. Air Force to Supply F110 Engines

Core Insights - GE Aerospace has secured a $5 billion IDIQ contract from the U.S. Air Force to deliver F110-GE-129 engines for F-15 and F-16 aircraft managed by allied nations globally [1] - The F110 engine has achieved over 11 million flight hours and has been in continuous production for 40 years, showcasing its reliability and performance in military applications [2] - The recent contract highlights the ongoing collaboration between GE Aerospace and the U.S. Air Force, with additional contracts from the Polish Armed Forces and the U.S. Army further driving growth [3][4] Company Performance - GE Aerospace is currently rated as a Zacks Rank 1 (Strong Buy), benefiting from a growing installed base and increased utilization of engine platforms due to strong momentum in both commercial and defense sectors [5] - The company's shares have increased by 22.6% over the past three months, contrasting with a 4.3% decline in the industry [6]