Amount
Latest price
$247.06
(£1.00 = $1.365)
Number of shares (est.)
0
Market Cap
$274.477B
P/E ratio
40.02
EPS
$6.432
Beta
1.38
Dividend rate
$1.20
Dividend yield
0.47%
General Electric Company, doing business as GE Aerospace, is a global aerospace propulsion, services, and systems company. The Company has an installed base of approximately 45,000 commercial and 25,000 military aircraft engines. The Company operates through two segments: Commercial Engines & Services and Defense & Propulsion Technologies. The Commercial Engines & Services segment designs, develops, manufactures and services jet engines for commercial airframes, as well as business aviation and aeroderivative applications. Its services include maintenance, repair and overhaul (MRO) of engines and the sale of spare parts and offers services under a variety of arrangements. The Defense & Propulsion Technologies segment provides defense engines and critical aircraft systems and consists of its Defense & Systems and Propulsion & Additive Technologies businesses. Its portfolio of brands includes Avio Aero, Unison, Dowty Propellers and Colibrium Additive.
CEO
Mr. Russell Stokes
Employees
53,000
Sector
Travel
Company HQ
, United States of America
Website
The U.S. Department of Commerce informed GE Aerospace on Thursday that it was once again allowed to ship jet engines to China's COMAC, lifting license suspensions issued several weeks ago, according to a person familiar with the matter.
The U.S. defense industry is unmatched, backed by nearly $1 trillion in annual spending, supporting my long-standing investment in dividend-paying giants. A new wave of disruptors is shaking things up, blending AI and autonomy to chase growth, but sky-high valuations demand caution and realism. I prefer reliable incumbents, but I'm closely tracking promising innovators, because in this evolving battlefield, both camps may win big.
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