General Electric Company (GE Aerospace) provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. The company operates as GE Aerospace.
The company’s installed base of approximately 45,000 commercial and 25,000 military engines drives its aftermarket services business. Through FLIGHT DECK, the company's proprietary lean operating model, GE Aerospace is prioritizing safety, quality, delivery and cost, to drive focused exe...
General Electric Company (GE Aerospace) provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. The company operates as GE Aerospace.
The company’s installed base of approximately 45,000 commercial and 25,000 military engines drives its aftermarket services business. Through FLIGHT DECK, the company's proprietary lean operating model, GE Aerospace is prioritizing safety, quality, delivery and cost, to drive focused execution and bridge strategy to results. The company’s global team is building on more than a century of innovation and learning, as it invents the future of flight, lift people up and bring them home safely.
On January 3, 2023, the company completed the separation of its healthcare business into an independent publicly traded company, GE HealthCare Technologies Inc. (GE HealthCare), and on April 2, 2024, it completed the separation of its GE Vernova business into an independent publicly traded company, GE Vernova, Inc. (GE Vernova).
The company serves customers in approximately 120 countries.
Segments
The company operates through Commercial Engines & Services and Defense & Propulsion Technologies segments.
Commercial Engines & Services (CES) segment
This segment designs, develops, manufactures and services jet engines for commercial airframes, as well as business aviation and aeroderivative applications. Services include maintenance, repair and overhaul (MRO) of engines and the sale of spare parts, and it offers services under a variety of arrangements, such as long-term service agreements or time and material contracts.
The company’s CES customers for equipment and services consist primarily of airframers and airlines, including both Boeing and Airbus, and third-party MRO shops, to whom it sells equipment and license MRO technology. CES engines power aircraft in all commercial categories—narrowbody, widebody and regional, including engines sold by joint venture partners, the most significant of which is CFM International, a 50-50 non-consolidated joint venture with Safran Aircraft Engines, a subsidiary of Safran Group of France. Depending on the aircraft model, airline customers may have a choice between its engines and those of other manufacturers or, as in the case of some Boeing models, it engines may be the sole source engine for a particular aircraft.
The company has been and remain committed to investing in developing and maturing technologies that enable a more sustainable future of flight. Notably, CFM International's Revolutionary Innovation for Sustainable Engines (RISE) program is a suite of pioneering technologies, including Open Fan, compact core and hybrid electric systems for compatibility with alternative fuels. It recently completed more than 250 tests on developing a full-scale Open Fan engine.
Defense & Propulsion Technologies (DPT) segment
This segment is a leading provider of defense engines and critical aircraft systems, and it consists of its Defense & Systems and Propulsion & Additive Technologies businesses.
Defense & Systems: Defense & Systems designs, develops, manufactures and services jet engines and avionics and power systems for governments, militaries and commercial airframers. Services include MRO of engines and the sale of spare parts.
The company’s product performance and dedication to innovation have earned long-standing relationships with airframers, shipyards, government agencies, and other customers globally. The company also regularly work with government customers on the development of classified and unclassified advanced products, including combat engines, hypersonics, and unmanned applications. Recently, the company’s team successfully demonstrated a hybrid electric propulsion system rated at one megawatt with the U.S. Army.
The company’s defense engines power a wide variety of fighters, bombers, tankers, transport, helicopters and surveillance aircraft, as well as aeroderivative engines for marine applications. Significant product platforms include the F110, F404, and F414 for combat engines, the T408, T700, and T901 for rotorcraft engines and the LM2500 for mobility and marine engines.
Propulsion & Additive Technologies: Propulsion & Additive Technologies (P&AT) businesses primarily design, develop, manufacture, and support aircraft components and systems for both commercial and military end users under the Avio Aero, Unison, Dowty Propellers, and Colibrium Additive brands. These P&AT products include small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for both fixed wing and rotorcraft applications. Avio Aero is a strategic partner in Europe supporting the development of indigenous, classified engine technology and a core member of Clean Aviation, significantly contributing to and benefiting from the European Union sustainability roadmap.
Regulations
The design and production of the company’s commercial aircraft engines are regulated by the U.S. Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA).
The company is subject to various international trade controls and sanctions regulations from governments and regulatory bodies around the world. These include export controls (including the U.S. Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR)), import controls, sanctions compliance (including sanctions administered by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC)) and anti-boycott regulations.
The company’s U.S. government contracts are subject to the Federal Acquisition Regulation (FAR), as well as department-specific implementing regulations, such as the U.S. Department of Defense’s Defense Federal Acquisition Regulation Supplement (DFARS) and other applicable laws and regulations, which set forth policies, procedures and requirements for the acquisition of goods and services by the U.S. government.
Dispositions
In the second quarter of 2024, the company completed the sale of Electric Insurance Company, domiciled in Massachusetts to Riverstone International Holdings Inc.
In the second quarter of 2024, the company classified its non-core licensing business into business held for sale. In the third quarter of 2024, it completed the sale to Dolby Laboratories, Inc. GE Aerospace will retain intellectual property related to its core aerospace and defense technologies, as well as the trademark portfolio for the GE brand.
GE Vernova: On April 2, 2024, the company completed the previously announced separation of GE Vernova. The separation was structured as a tax-free spin-off and was achieved through the company's pro-rata distribution of all the outstanding shares of GE Vernova to holders of its common stock.
Intellectual Property
The company owns GE name and logo.
History
General Electric Company was founded in 1892. The company was incorporated in 1892.