On the defense front, it won a three-year contract (valued up to $1.5 billion) to sustain F119 engines in February 2025, while in September 2024, it won a contract (valued up to $1.3 billion) to continue work on the F135 Engine Core Upgrade. Other Stocks to Focus On Other prominent jet engine manufacturers, like GE Aerospace (GE) and RollsRoyce (RYCEY) , are also benefiting from the aforementioned demand trend, in the form of solid order flows. In May 2025, Ethiopian Airlines selected GE Aerospace's GEnx en ...

GE Aerospace GE will release earnings results for the first quarter, before the opening bell on Tuesday, April 22. Analysts expect the Evendale, Ohio-based company to report quarterly earnings at $1.27 per share, up from 82 cents per share in the year-ago period. GE Aerospace projects to report quarterly revenue at $9.05 billion, compared to $15.17 billion a year earlier, according to data from Benzinga Pro. On April 8, GE Aerospace and MTU Maintenance signed an agreement to service GEnx engines at expanded ...

Group 1: Contract and Collaboration - GE Aerospace secured a contract from Korean Air to supply GEnx and GE9X engines, marking the first GE9X order in South Korea [1] - The deal includes maintenance, repair, and overhaul services for the GE9X engines, highlighting the long-standing collaboration between GE Aerospace and Korean Air [1][3] Group 2: Engine Performance and Market Presence - The GEnx engine family has completed over 62 million flight hours, with more than 3,600 engines currently in service and backlog [2] - The GEnx engine is installed in two-thirds of all Boeing 787 aircraft in service, while the GE9X engine offers a 10% improvement in specific fuel consumption compared to the GE90-115B [2] Group 3: Investment and Growth Strategy - GE plans to invest over €78 million in 2025 to expand and upgrade its manufacturing facilities in Europe, aimed at boosting production capacities for commercial and defense customers [4] - The company is benefiting from a growing installed base and higher utilization of engine platforms, driven by strong momentum in commercial and defense sectors [5] Group 4: Financial Performance - GE's shares have gained 23.4% in the past three months, outperforming the industry's 4.7% growth [6] - The Zacks Consensus Estimate for GE's 2025 earnings has increased by 2.3% in the past 60 days, indicating positive market sentiment [6]