H. Lawrence Culp Jr.

Stories

GE Aerospace's $190 billion bet on the skies

Contract extended through December 2027, with option to 2028

GE Aerospace emerged from General Electric's three-way split in April 2024 as a focused jet engine company. Nine months later, it holds a $190 billion order backlog—roughly ten years of work—and just posted its strongest quarter since becoming independent, with orders surging 74% year-over-year.

Updated May 22

Notable Quotes

With a strong fourth quarter, GE Aerospace delivered an outstanding year as revenue grew 21%, EPS was up 38%, and free cash flow conversion exceeded 100%. Our performance demonstrates how FLIGHT DECK is taking hold as we accelerated services and equipment output to fulfill our growing backlog of roughly $190 billion.

from GE Aerospace's $190 billion bet on the skies · Updated May 22

We enter 2026 with solid momentum to build upon these results and are well positioned to create greater value for our customers.

from GE Aerospace's $190 billion bet on the skies · Updated May 22