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
Revenue
approximately $38.7 billion (FY2024, GE Aerospace)
Employees
Approximately 128,000
Primary Market
Global
science based targetssustainable aviation fuelscarbon neutral operations
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.
How many brands does GE Aerospace own?
GE Aerospace operates primarily under the GE master brand with specialized sub-brands including GE Aviation (commercial and military engines), CFM International (joint venture with Safran), GE Additive (3D printing), and GE Digital (aviation software). The company's portfolio spans commercial aviation, military defense, and related technologies.
GE Aerospace operates primarily under the GE master brand with specialized sub-brands including GE Aviation (commercial and military engines), CFM International (joint venture with Safran), GE Additive (3D printing), and GE Digital (aviation software). The company's portfolio spans commercial aviation, military defense, and related technologies.
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. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. 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. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. H. Lawrence Culp Jr. serves as Chairman and CEO.
What is GE Aerospace's revenue?
GE Aerospace reported revenue of approximately $39 billion for full-year 2024, reflecting strong demand for commercial aviation engines and services. The company employs approximately 52,000 people in its focused aerospace operations following the corporate split.
GE Aerospace reported revenue of approximately $39 billion for full-year 2024, reflecting strong demand for commercial aviation engines and services. The company employs approximately 52,000 people in its focused aerospace operations following the corporate split.
What is GE Aerospace's sustainability commitment?
GE Aerospace is committed to achieving net zero carbon emissions for Scope 1 and 2 by 2030, supporting aviation's net zero by 2050 goal. The company invests $2.7 billion annually in R&D for sustainable aviation technologies, and all its engines can operate on 100% Sustainable Aviation Fuel. GE Aerospace aims to improve fuel efficiency by 20% with next-generation engines.
GE Aerospace is committed to achieving net zero carbon emissions for Scope 1 and 2 by 2030, supporting aviation's net zero by 2050 goal. The company invests $2.7 billion annually in R&D for sustainable aviation technologies, and all its engines can operate on 100% Sustainable Aviation Fuel. GE Aerospace aims to improve fuel efficiency by 20% with next-generation engines.
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.
General Electric Company Sustainability & Ethics
GE Aerospace has established comprehensive sustainability initiatives focused on environmental innovation, operational efficiency, and ethical business practices in the aviation industry. The company is committed to achieving net zero carbon emissions for Scope 1 and 2 operational emissions by 2030, supporting the aviation industry's broader net zero by 2050 ambition.
The company's sustainability framework encompasses four key pillars: Safety, Environment, People, and Governance. In environmental innovation, GE Aerospace invests approximately $2.7 billion annually in research and development, driving breakthroughs in Open Fan engine architecture, hybrid electric propulsion, hypersonics, and next-generation adaptive cycle engines. The company's commercial engines today are designed to be 40% more fuel efficient compared to engines from the 1970s.
GE Aerospace aims to further improve fuel efficiency and reduce CO2 emissions by 20% with next-generation technologies compared to today's most efficient commercial engines. All GE Aerospace engines can operate on approved Sustainable Aviation Fuel (SAF) blends, and the company's engines have been successfully tested with 100% SAF that doesn't require blending with conventional jet fuel.
In operational efficiency, GE Aerospace provides software-based emissions consulting through its proprietary SIGNPOST platform, helping airline customers operate more efficiently. The company collaborates across the industry through partnerships and initiatives like Aerospace Carbon Solutions to advance sustainable aviation.
GE Aerospace maintains strong ethical standards through comprehensive safety programs, employee development initiatives, and community engagement. The company's philanthropic efforts focus on STEM education, workforce development, and supporting communities where it operates. The company is governed by a board with a majority of independent directors and operates under strict compliance and ethics programs.
Awards & Recognition
GE Aerospace has received significant recognition for its technological innovation, sustainability leadership, and industry excellence from prestigious organizations and industry bodies.
- 2025 SEAL Business Sustainability Awards: GE Aerospace was honored as a 2025 SEAL Sustainability Award recipient, recognized for leadership, innovation, and commitment to sustainable business practices. The award honors companies going deep and granular into materials, chemistry, processes, R&D, and supply chains to generate sustainability improvements.
- 2025 Aviation Week Laureate Awards: GE Aerospace received four awards in three categories plus the prestigious Pathfinder Award for Chairman and CEO Larry Culp. The XA100 adaptive cycle engine won in the Defense category, the Airbus A321XLR with CFM LEAP-1A engines won in Commercial Aviation, and advanced inspection technologies won in MRO.
- XA100 Adaptive Cycle Engine Recognition: The XA100 program was honored for combining three key innovations in combat propulsion performance: adaptive cycle capability, third-stream architecture for thermal management, and advanced component technologies including ceramic matrix composites and additive manufacturing.
- CFM International LEAP Engine Recognition: The CFM LEAP-powered Airbus A321XLR was recognized for providing 15% better fuel efficiency and 15% lower CO2 emissions versus previous generation engines, with over 3,700 CFM LEAP-powered aircraft in service.
- Pathfinder Award: Chairman and CEO Larry Culp received the Pathfinder Award, recognizing visionary leadership and innovation in advancing aerospace technology and sustainability.
- Advanced Inspection Technologies: GE Aerospace was honored for three advanced inspection technologies including ultrasonic immersion, the Blade Inspection Tool, and the Sensiworm soft electronic skin-innervated robotic worm.
- Industry Innovation Recognition: Over the past decade, GE Aerospace has been consistently recognized for innovations including additive manufacturing in the Catalyst turboprop engine (2019) and the Military Officer Leadership Program (2021).
Controversy, Regulation & Public Scrutiny
GE Aerospace has faced scrutiny regarding supply chain constraints that have limited its ability to produce engines at the rate demanded by airlines seeking to expand their fleets. The company has worked to address these constraints through supplier development and manufacturing investments.
The broader General Electric Company faced significant controversy in the late 2010s regarding accounting practices, the performance of GE Capital, and the company's dramatic decline in market value from its peak in the early 2000s. The three-way corporate split was in part a response to investor pressure to unlock value from the diversified conglomerate.
Brands Owned by General Electric Company
General Electric Company owns 2 brands in our database.
Colibrium Additive (formerly GE Additive)
Owned by General Electric Company
Industrial additive manufacturing and 3D printing company providing EBM and DMLM solutions, formerly known as GE Additive before being divested by GE Aerospace in 2024.
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
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.
How many brands does GE Aerospace own?
GE Aerospace operates primarily under the GE master brand with specialized sub-brands including GE Aviation (commercial and military engines), CFM International (joint venture with Safran), GE Additive (3D printing), and GE Digital (aviation software). The company's portfolio spans commercial aviation, military defense, and related technologies.
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. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. H. Lawrence Culp Jr. serves as Chairman and CEO.
What is GE Aerospace's revenue?
GE Aerospace reported revenue of approximately $39 billion for full-year 2024, reflecting strong demand for commercial aviation engines and services. The company employs approximately 52,000 people in its focused aerospace operations following the corporate split.
What is GE Aerospace's sustainability commitment?
GE Aerospace is committed to achieving net zero carbon emissions for Scope 1 and 2 by 2030, supporting aviation's net zero by 2050 goal. The company invests $2.7 billion annually in R&D for sustainable aviation technologies, and all its engines can operate on 100% Sustainable Aviation Fuel. GE Aerospace aims to improve fuel efficiency by 20% with next-generation engines.
Sources & Further Reading
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