​GE Aerospace (NYSE:GE) is one of the Best Aerospace and Defense Stocks to Invest In Right Now. On February 16, GE Aerospace (NYSE:GE) announced a major deal with United Airlines, highlighting that the airline selected 300 GEnx engines for its new Boeing 787 Dreamliners. The order includes extra spare engines, which will bring United Airlines’ 787 fleet to over 200 GEnx-powered aircraft.  Management noted that this latest deal brings GE Aerospace’s firm GEnx future deliveries to nearly 1,800 engines plus ...

Key Takeaways United Airlines ordered 300 GEnx engines to power new Boeing 787 Dreamliners. The deal lifts GE Aerospace's GEnx backlog to nearly 1,800 engines plus spares. UAL's fleet commonality with GEnx engines aims to cut costs and support global expansion.United Airlines (UAL) strengthened its long-term partnership with GE Aerospace (GE) by selecting 300 GEnx engines to power its new Boeing 787 Dreamliners. This order will expand UAL’s 787 fleet to more than 200 GEnx-powered aircraft and make it the l ...

Core Insights - United Airlines has selected 300 GEnx engines from GE Aerospace to power its new Boeing 787 Dreamliners, making it the largest GEnx operator globally [1] - The agreement includes additional spare engines, increasing United Airlines' GEnx-powered 787 fleet to over 200 aircraft [1] - The GEnx engine family is noted for its advanced materials and technologies, providing greater durability and a 99.98% dispatch rate, indicating high reliability [1] Company Relationships - GE Aerospace has maintained a long-standing relationship with United Airlines since 1968, with United operating a diverse fleet of GE Aerospace and CFM powered aircraft [1] - The GEnx engine has accumulated over 70 million flight hours and powers two-thirds of all 787 aircraft in operation, as well as exclusively powering the 747-8 aircraft [1] Future Deliveries - This latest order increases GE Aerospace's firm GEnx future deliveries to nearly 1,800 engines, including spares [1]

Group 1 - Uzbekistan Airways has signed a deal with Boeing valued at over $8 billion [1] - The agreement includes plans for Uzbekistan Airways to acquire up to 22 Boeing 787 Dreamliners [1]