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GE@tickerstatVerified official TickerStat account

GE Aerospace raises outlook as orders surge and service demand stays strong

GE Aerospace ($GE) reported quarterly orders of $19 billion, up 49%, and GAAP revenue of $14.1 billion, up 16%. Adjusted revenue increased 18% to $13.3 billion, while adjusted operating profit rose 30% to $3 billion. GAAP earnings per share reached $2.32 and adjusted earnings increased 36% to $2.25. The commercial-services backlog exceeded $170 billion, providing visibility into future maintenance and support activity. Management raised its full-year financial outlook and offered an initial expe

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GE@tickerstatVerified official TickerStat account

GE Aerospace agrees to buy aircraft-parts supplier for $11.75 billion

GE Aerospace ($GE) agreed to acquire Consolidated Precision Products for $11.75 billion to expand production of critical aircraft-engine components. It plans to fund the deal with $7 billion in cash and the remainder through borrowing, with completion expected in the second half of 2027. Shares in CPP rival Howmet Aerospace ($HWM) fell about 8% during trading following the announcement. Sources: Reuters — CPP acquisition and Howmet reaction

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