GE Aviation turned a $2.9 billion profit in 2021, more than double its 2020 earnings, reflecting cost cutting and a bump in commercial engine services revenue. “Our strong results reflect our ...

GE aviation segment revenue fell short of analyst predictions. GE's aviation business is dependent on the airline industry, which was heavily affected by the COVID-19 pandemic. GE raised its 2021 ...

General Electric (GE) plans to spin-off of its healthcare division, while combining its energy, power and digital divisions into one business that will leave the industrial giant’s sole focus on ...

NASA has awarded a pair of contracts worth $253.4 million combined to General Electric‘s (NYSE: GE) aviation subsidiary and MagniX USA to develop and demonstrate electrified propulsion systems ...