GE Aerospace (GE)

The company now

GE Aerospace, the jet engine maker that remains of General Electric, reported third-quarter 2026 revenue of $14.1 billion on 20 October, up 16 percent 1. Orders rose 49 percent to $19.0 billion, and profit was $2.8 billion, up 12 percent 1. Most of the growth came from services, the overhauls and spare parts for engines already flying 1.

In commercial engines, services revenue grew 17 percent, with spare parts up more than 20 percent and shop visit revenue for the LEAP engine up over 40 percent 1. Equipment revenue grew 38 percent as engine deliveries rose 8 percent 1. Chairman and chief executive H Lawrence Culp Jr said "solid demand drove orders up 49%" as the company raised its 2026 guidance across the board 1.

The open question is a purchase: the company agreed to buy Consolidated Precision Products, a castings maker, for $11.75 billion, and expects the deal to close in the second half of 2027 2. Its newest engine, the GE9X for the Boeing 777X, also waits on the FAA: engines shipped this quarter with an upgraded seal count as revenue only after certification 23.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.