General Electric Co - Company Profile
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General Electric Co (GE Aerospace) is a manufacturer of aerospace products and services. The company offers commercial engines, military engines, mobility and marine engines, jet engines, power systems, avionics, turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, propeller systems, ignition systems, sensors and engine accessories. It also offers various services including engine leasing, aircraft financing, maintenance, repair, overhauls of engines and sale of spare parts. The company markets its products under Avio Aero, Unison, Dowty Propellers and Colibrium Additive brand names. It serves a wide range of customers, including airframers, airlines, governments and militaries. The company has business presence across the US, Europe, Asia, the Americas, and Middle East and Africa. GE Aerospace is headquartered in Cincinnati, Ohio, the US.
Headquarters
United States of America
Address
1 Neumann Way, Cincinnati, Ohio, 45215
Website
www.ge.com
Telephone
1 617 4433000
No of Employees
57,000
Industry
Aerospace and Defense
Ticker Symbol & Exchange
GE (NYSE)
Revenue (2024)
$45.9B
18.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
32.8%
(2024 vs 2023)
Market Cap*
$318.6B
Net Profit Margin (2024)
XYZ
12.0%
(2024 vs 2023)
* As of and is in US$
General Electric Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| - | - | - |
| Commercial Engines | Commercial Jet Financing | Avio Aero |
| Military Engines | Corporate Aircraft Financing | Unison |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In October, the company entered into a multi-year shop visit offload agreement with Aero Norway to cover high-pressure turbine modules for CFM LEAP-1A and LEAP-1B engines. |
| 2026 | Contracts/Agreements | In October, the company secured US$113 million from Naval Supply Systems Command Weapon Systems Support to provide sustainment support for two critical T700 401C engine components. |
| 2026 | Contracts/Agreements | In September, the company secured US$39.9 million from the Defense Logistics Agency Weapons Support for J85 air compressor cases. |
Competitor Comparison
| Key Parameters | General Electric Co | The Boeing Co | Safran SA | Pratt & Whitney Co | Rolls-Royce Holdings Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | France | United States of America | United Kingdom |
| City | Cincinnati | Arlington | Paris | Hartford | London |
| State/Province | Ohio | Virginia | Ile-de-France | Connecticut | England |
| No. of Employees | 57,000 | 182,000 | 110,000 | 45,000 | 42,600 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| H. Lawrence Culp | Chairman; Chief Executive Officer | Executive Board | 2024 | 62 |
| Rahul Ghai | Chief Financial Officer; Senior Vice President | Senior Management | 2023 | 53 |
| Robert Giglietti | Chief Accounting Officer; Controller; Treasurer; Vice President | Senior Management | 2024 | 54 |
| Patrick de Castelbajac | Chief Strategy Officer | Senior Management | 2024 | - |
| David Burns | Chief Information Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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