Core Viewpoint - Citigroup initiates coverage of GE Aerospace with a "Buy" rating and a target price of $386, indicating strong confidence in the company's future performance in the aerospace and defense sector [1] Group 1: Company Overview - GE Aerospace is positioned as a potential leader in the aerospace and defense industry, with expectations of becoming a trillion-dollar company within the next five years [1] - The company has secured a contract to supply eight LM2500 marine gas turbine engines for the U.S. Navy's latest "Arleigh Burke" class Flight III destroyers, reinforcing its status in the naval propulsion market [1] Group 2: Industry Insights - Citigroup's research marks its first foray into the aerospace and defense sector, highlighting the anticipated growth and development trends within the industry [1] - The LM2500 engines will be installed on the future USS "Stout" (DDG 145) and USS "Robert E. Lee" (DDG 146) destroyers, with each ship requiring four gas turbines for its propulsion system, underscoring the long-standing importance of the Arleigh Burke class in the U.S. Navy [1]
行业有望诞生万亿龙头 花旗看好GE航天航空(GE.US),首予“买入”评级