GE Aerospace

What does GE Aerospace do?

GE Aerospace designs, builds, and services aircraft engines for commercial and military aircraft. It operates the world's largest installed engine base and earns about 70% of revenue from aftermarket services.

Is GE Aerospace publicly traded?

Yes. GE Aerospace trades on the New York Stock Exchange under ticker GE. It became a standalone public company in April 2024 after the GE conglomerate split into three businesses.

Who founded GE Aerospace?

The corporate roots trace to the 1892 founding of General Electric by the merger of Edison General Electric and Thomson-Houston. The standalone aerospace company was established in April 2024 under CEO Larry Culp.

Where is GE Aerospace headquartered?

GE Aerospace is headquartered in Evendale, Ohio, near Cincinnati, at 1 Neumann Way.

Who owns GE Aerospace?

GE Aerospace is publicly owned by institutional and retail shareholders. Vanguard, BlackRock, and State Street are among the largest holders. No single controlling shareholder exists.

Did GE Aerospace acquire Consolidated Precision Products?

Yes. In September 2026 GE Aerospace agreed to acquire CPP for approximately $11.75 billion. The deal was pending as of October 1, 2026, subject to regulatory approvals.

The company traces to the 1892 merger that created General Electric, combining Edison's and Thomson-Houston's electrical businesses. Aviation work began in World War I with turbosuperchargers, and GE entered jet propulsion with America's first jet engine in 1942.

The GE90 engine of the 1990s established GE in large commercial widebody aircraft, and the CFM56 joint venture with Safran became the best-selling engine program in aviation history. The LEAP engine, developed by CFM, now powers the Boeing 737 MAX and roughly half of Airbus A320neo family deliveries.

The modern company was born from conglomerate decline. After two decades of underperformance, GE announced in November 2021 that it would split into three companies. GE HealthCare spun off in January 2023, and GE Vernova, the energy business, spun off on April 2, 2024. What remained renamed itself GE Aerospace and kept the NYSE: GE ticker.

As a standalone company, GE Aerospace has delivered consistent growth. FY2025 revenue reached $45.9 billion, up 18%, with GAAP profit of $10.0 billion and orders of $66.2 billion. In September 2026 it agreed to acquire Consolidated Precision Products, its critical castings supplier, for approximately $11.75 billion, bringing a key part of the supply chain under direct ownership.

GE Aerospace publishes annual sustainability reporting covering emissions reduction, sustainable aviation fuel compatibility, and hybrid-electric propulsion research. The company's engines power a global fleet facing decarbonization pressure, and its RISE technology program with Safran targets roughly 20% fuel efficiency improvement over current engines. Greenhouse gas reporting follows standard Scope 1, 2, and 3 frameworks through CDP disclosure.

The company carries GE's legacy issues, including historical environmental liabilities like the Hudson River PCB cleanup, which concluded under EPA supervision. As a defense contractor, it is subject to ITAR and export control regimes. The CPP acquisition will face standard antitrust review for vertical integration, though the parties argued the deal secures supply rather than forecloses competitors.