Trillion-Dollar Market Leader to Emerge from Aerospace and Defense Sector Within 5 Years, According to Citi

Group 1: Company Overview - GE Aerospace is a leading player in the aerospace and defense sector, designing and producing commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems [4] - The company operates through two segments: Commercial Engines & Services and Defense & Propulsion Technologies [4] Group 2: Market Position and Growth Potential - Citi initiated coverage of GE Aerospace with a Buy rating and a price target of $386, predicting that the aerospace and defense sector will see a trillion-dollar market cap leader emerge within five years [1] - Susquehanna also initiated coverage with a Positive rating and a price target of $350, highlighting GE Aerospace's dominance in powering 75% of all commercial flights through its engines and its joint venture with Safran [2] - The company has a significant installed base of over 45,000 commercial and 25,000 military engines, with both segments currently expanding at mid-single-digit rates [2] Group 3: Recent Developments - On December 10, GE Aerospace announced securing orders for eight LM2500 marine gas turbine engines for the US Navy's newest Flight III Arleigh Burke-class guided-missile destroyers, reinforcing the LM2500's status as a primary mover for the class [3]