General Electric Company
American multinational conglomerate specializing in aerospace engines, renewable energy, and industrial technologies following its three-way corporate split.
Company Type
public
Founded
1892
Headquarters
Boston, Massachusetts, USA
Stock
NYSE: GE
About General Electric Company
What does GE Aerospace make?
GE Aerospace makes commercial and military jet engines, aircraft systems, and related components. Key products include the LEAP engine (for Boeing 737 MAX and Airbus A320neo), GE9X (for Boeing 777X), GEnx (for Boeing 787 and 747-8), and military engines including the F110 (for F-16) and T700 (for military helicopters). The company also provides comprehensive maintenance, repair, and overhaul services.
GE Aerospace makes commercial and military jet engines, aircraft systems, and related components. Key products include the LEAP engine (for Boeing 737 MAX and Airbus A320neo), GE9X (for Boeing 777X), GEnx (for Boeing 787 and 747-8), and military engines including the F110 (for F-16) and T700 (for military helicopters). The company also provides comprehensive maintenance, repair, and overhaul services.
Is GE Aerospace publicly traded?
Yes, GE Aerospace (legal name: General Electric Company) is listed on NYSE under ticker GE. The company has a broad institutional and retail shareholder base with no single controlling shareholder.
Yes, GE Aerospace (legal name: General Electric Company) is listed on NYSE under ticker GE. The company has a broad institutional and retail shareholder base with no single controlling shareholder.
What happened to the original General Electric?
The original General Electric Company split into three independent public companies. GE HealthCare was spun off in January 2023. GE Vernova (energy businesses) was spun off in April 2024. The remaining company, focused on aerospace, retained the General Electric Company legal name and trades as GE Aerospace on NYSE under ticker GE.
The original General Electric Company split into three independent public companies. GE HealthCare was spun off in January 2023. GE Vernova (energy businesses) was spun off in April 2024. The remaining company, focused on aerospace, retained the General Electric Company legal name and trades as GE Aerospace on NYSE under ticker GE.
Where is GE Aerospace headquartered?
GE Aerospace is headquartered in Cincinnati, Ohio, USA. The company operates manufacturing facilities, service centers, and offices across the United States and internationally.
GE Aerospace is headquartered in Cincinnati, Ohio, USA. The company operates manufacturing facilities, service centers, and offices across the United States and internationally.
Who founded General Electric?
General Electric was founded in 1892 through the merger of Edison General Electric Company and Thomson-Houston Electric Company, combining businesses led by Thomas Edison, Charles A. Coffin, Elihu Thomson, and Edwin J. Houston.
General Electric was founded in 1892 through the merger of Edison General Electric Company and Thomson-Houston Electric Company, combining businesses led by Thomas Edison, Charles A. Coffin, Elihu Thomson, and Edwin J. Houston.
Who owns GE Aerospace?
GE Aerospace (General Electric Company) is publicly traded on NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. H. Lawrence Culp Jr. serves as Chairman and CEO.
GE Aerospace (General Electric Company) is publicly traded on NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. H. Lawrence Culp Jr. serves as Chairman and CEO.
History of General Electric Company
General Electric was founded in 1892 through the merger of Edison General Electric Company and Thomson-Houston Electric Company. The merger combined the electrical businesses of Thomas Edison, Charles A. Coffin, Elihu Thomson, and Edwin J. Houston, creating one of America's first major industrial corporations.
GE grew throughout the late 19th and early 20th centuries, expanding from electrical equipment into appliances, lighting, and industrial products. The company became one of America's most diversified and valuable corporations, with operations spanning lighting, appliances, broadcasting (NBC), aviation engines, power generation, financial services, and healthcare equipment.
GE entered the aviation engine business in the early 20th century, producing engines for military aircraft during World War I and World War II. The company developed the first American jet engine in 1942 and has been a leading jet engine manufacturer ever since.
GE formed CFM International, a 50/50 joint venture with France's Snecma (now Safran Aircraft Engines), in 1974 to develop the CFM56 engine. The CFM56 became one of the most successful commercial jet engines in history, powering the Boeing 737 and Airbus A320 families and accumulating more than 800 million flight hours.
GE Capital, the company's financial services arm, grew to become one of the world's largest financial companies by the early 2000s, at one point accounting for more than half of GE's earnings. The 2008 financial crisis severely damaged GE Capital, leading to a multi-year restructuring that significantly reduced the financial services business.
John Flannery succeeded Jeff Immelt as CEO in 2017 but was replaced by H. Lawrence Culp Jr. in October 2018, as GE's stock price had fallen dramatically and the company faced significant financial challenges.
Culp announced a plan to split GE into three independent public companies in November 2021. GE HealthCare was spun off in January 2023. GE Vernova (the energy businesses, including power generation and renewable energy) was spun off in April 2024. Following the GE Vernova spin-off, the remaining company, focused on aerospace, retained the General Electric Company legal name and trades as GE Aerospace.
For full-year 2024, GE Aerospace reported revenue of approximately $39 billion, reflecting strong demand for commercial aviation engines and services.
Brands Owned by General Electric Company
General Electric Company owns 3 brands in our database.
GE Additive
Owned by General Electric Company
General Electric's additive manufacturing and 3D printing division providing industrial 3D printing solutions for aerospace and industrial applications.
additive-manufacturing3d-printingindustrial-technology
GE Aerospace
Owned by General Electric Company
Independent publicly traded aerospace company that became GE Aerospace on April 2, 2024, when General Electric completed its three-way breakup, retaining the jet engine and aerospace systems business as the standalone GE entity.
jet-enginesaerospaceaviation
GE Digital
Owned by General Electric Company
General Electric's software and digital solutions division providing industrial IoT, analytics, and digital platforms for aerospace and industrial customers.
softwaredigital-solutionsindustrial-iot
Stock Information
General Electric Company Ownership: Pros & Cons
Advantages
- +Dominant position in narrow-body commercial jet engines through CFM International's LEAP engine
- +Large installed base of engines generates significant recurring service revenue
- +Strong relationships with Boeing and Airbus as primary engine supplier
- +Defense business provides revenue diversification and stability
- +Focused aerospace strategy following the three-way corporate split
Considerations
- -Supply chain constraints have limited engine production capacity
- -Dependence on Boeing's production recovery from 737 MAX and 787 issues
- -Competition from Rolls-Royce and Pratt and Whitney in wide-body engines
- -High capital requirements for next-generation engine development
- -Commercial aviation cycles create revenue volatility
Frequently Asked Questions About General Electric Company
What does GE Aerospace make?
GE Aerospace makes commercial and military jet engines, aircraft systems, and related components. Key products include the LEAP engine (for Boeing 737 MAX and Airbus A320neo), GE9X (for Boeing 777X), GEnx (for Boeing 787 and 747-8), and military engines including the F110 (for F-16) and T700 (for military helicopters). The company also provides comprehensive maintenance, repair, and overhaul services.
Is GE Aerospace publicly traded?
Yes, GE Aerospace (legal name: General Electric Company) is listed on NYSE under ticker GE. The company has a broad institutional and retail shareholder base with no single controlling shareholder.
What happened to the original General Electric?
The original General Electric Company split into three independent public companies. GE HealthCare was spun off in January 2023. GE Vernova (energy businesses) was spun off in April 2024. The remaining company, focused on aerospace, retained the General Electric Company legal name and trades as GE Aerospace on NYSE under ticker GE.
Where is GE Aerospace headquartered?
GE Aerospace is headquartered in Cincinnati, Ohio, USA. The company operates manufacturing facilities, service centers, and offices across the United States and internationally.
Who founded General Electric?
General Electric was founded in 1892 through the merger of Edison General Electric Company and Thomson-Houston Electric Company, combining businesses led by Thomas Edison, Charles A. Coffin, Elihu Thomson, and Edwin J. Houston.
Who owns GE Aerospace?
GE Aerospace (General Electric Company) is publicly traded on NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. H. Lawrence Culp Jr. serves as Chairman and CEO.
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