GE Aerospace

GE Aerospace (NYSE: GE) is a global leader in the design, manufacturing, and servicing of jet and turboprop engines for commercial, military, business, and general aviation aircraft, headquartered in Evendale, Ohio. With historical roots tracing back to Thomas Edison's 1878 founding of General Electric, the company has evolved into a pure-play aerospace and defense enterprise following the spin-offs of GE HealthCare and GE Vernova, operating through two core segments: Commercial Engines & Services, and Defense & Propulsion Technologies. The company boasts an installed base of over 44,000 commercial and 26,000 military engines globally, with roughly three out of four commercial flights worldwide powered by GE or CFM technology — a joint venture with Safran. GE Aerospace's highly recurring business model derives approximately 70% of its revenue from high-margin aftermarket services, including maintenance, repair, and overhaul (MRO) under long-term service agreements, while the remaining 30% comes from original equipment engine sales to customers such as Boeing, Airbus, and the U.S. military.