⚡What does GE Aerospace do, in 30 seconds?
GE Aerospace designs, makes and services jet engines for commercial aircraft, business jets and militaries 1. Its installed base is about 50,000 commercial and 30,000 military engines, parked aircraft included 16. It took in $45.9bn ✓ in FY2025, and its commercial engines segment made up 73% ✓ of that. Aftermarket services are about 70% of its revenue 16.
📱What does GE Aerospace sell?
GE Aerospace reports two segments: Commercial Engines & Services and Defense & Propulsion Technologies 1. The first is the larger, at 73% ✓ of FY2025 revenue. Its run-off insurance sits outside both 6.
Commercial Engines & Services
Jet engines for commercial aircraft and business aviation, and the service work on them 1. The LEAP engine entered service in 2016 1. Engines for widebody planes include the CF6, GE90 and GEnx 1. The GE9X will power the Boeing 777X 1. CFM International, a 50-50 joint venture with Safran Aircraft Engines, sells engines that GE Aerospace counts among its commercial engines 1. This segment brought in $33.3bn ✓ in FY2025, and services were 75% of that 1. Its long-term service deals generally run 10 to 25 years 34. Payment is generally based on use, for example per hour 4.
👥 Mainly aircraft makers and airlines, including Boeing and Airbus, and third-party repair shops 1. Those shops buy spare parts and license repair technology from GE Aerospace 1.
Defense & Propulsion Technologies
Two businesses 1. Defense & Systems designs, makes and services jet engines, avionics and power systems 1. Its engines include the F110, F404 and F414 for combat aircraft and the T408, T700 and T901 for rotorcraft 1. The LM2500 is for mobility and marine use 1. Propulsion & Additive Technologies sells aircraft parts and systems under brands such as Avio Aero, Unison and Dowty Propellers 1. The segment brought in $10.6bn ✓ in FY2025, and services were 51% of that 1. That was before the Aeroderivative business moved here from the commercial segment in 2026 5.
👥 Defense & Systems sells to governments, militaries and commercial aircraft makers 1. Most Defense & Systems revenue comes from funds that flow through the US Department of War budget or similar budgets abroad 6. Sales to US Government agencies were 10% of total revenue in 2025 4.
Insurance and other
Everything outside the two segments, which added $2.0bn ✓ to FY2025 revenue. It includes run-off insurance 6. One insurer, Employers Reassurance Corporation, stopped taking new policies after 2008 3. The other, Union Fidelity Life Insurance Company, has been closed to new business since 2004 3. GE Aerospace also keeps a mortgage book in Poland (Bank BPH) and some US tax equity investments from its former financial services business 1.
👥 Mainly long-term care, annuities and life cover taken on from other insurers 3.
How the mix has shifted
Where the customers are
The United States brings in the largest share, at 40% ✓ of FY2025 revenue. Asia added 24% ✓ and Europe 19% ✓. The Middle East and Africa added 10% ✓, and the Americas outside the US 8% ✓. GE Aerospace serves customers in about 120 countries 1.
💸How does GE Aerospace make money?
Follow the money: what customers pay for, what it costs to make, and what is left as profit.
GE Aerospace took in $45.9bn ✓ in FY2025. That total includes revenue from run-off insurance 6. The cost of sales, with insurance losses counted in, was $31.4bn ✓. What is left is gross profit, the money kept after paying for what was sold. That came to $14.4bn ✓.
Next come the costs of running the company. Research and development took $1.6bn ✓, selling and admin took $4.1bn ✓, and other operating costs took $0.3bn ✓. What remains is operating profit, the profit from the main business, which was $8.5bn ✓. Items outside the main business added $1.6bn ✓, and tax took $1.4bn ✓. That left net income of $8.7bn ✓. Put simply, out of every hundred dollars of revenue, GE Aerospace kept about $19 ✓ as profit.
Out of every $100 customers paid in FY2025…
Interest, investment gains and other income added +$3 for every $100 of sales, so the slices above add up to a little more than $100.
⏱️ GE Aerospace by the clock
Spread the FY2025 totals evenly over its 365 days and you get this. Source: General Electric Company 10-K [7].
📈How is GE Aerospace doing?
GE Aerospace's revenue is growing: it rose 18.5% ✓ in FY2025, to $45.9bn ✓. Operating margin reached 18.6% ✓, up from 13.8% ✓ in FY2024. Operating profit was $8.5bn ✓, and net income was $8.7bn ✓. Free cash flow was $7.3bn ✓, up from $4.8bn ✓ in FY2024.
In the four quarters to 30 September 2026, revenue was $52.6bn ✓, up 19.6% ✓ on the four quarters before. Operating margin was 17.7% ✓, and free cash flow was $8.0bn ✓. On 20 October 2026, GE Aerospace reported third-quarter revenue of $14.1 billion, up 16% 22. Orders were $19.0 billion, up 49% 22. In the first nine months of 2026, engine deliveries rose 25% and LEAP deliveries rose 26%, compared with a year earlier 6. Its 2026 annual insurance review led to a pre-tax charge of $328 million, compared with $126 million in 2025 5. It also booked a $108 million pre-tax charge in the third quarter of 2026 for borrower lawsuits at Bank BPH 5. Unfilled customer orders, called remaining performance obligation, were $212.1 billion at 30 September 2026 6.
GE Aerospace spun off GE HealthCare on 3 January 2023 4 and GE Vernova on 2 April 2024 4. From FY2022 to FY2025, revenue grew 16.3% ✓ a year on average. It rose in all 3 ✓ of those years.
📝 The report card
GE Aerospace earns an A ✓ for growth and a B ✓ for steadiness. It earns a C ✓ for profit, a C ✓ for cash and a D ✓ for its balance sheet. Every company is graded on the same fixed scale, so an A means the same thing on every page. The strip shows where GE Aerospace (orange) and its 4 peers land; further right is better.
Growth
GE Aerospace's sales grew 16.3% ✓ a year over its last three fiscal years, which earns an A ✓. RTX grew 9.7% ✓ a year, a C ✓, and Howmet grew 13.4% ✓, a B ✓.
Why this measure? (higher is better)
Growing sales is the engine of a business. Mature giants rarely grow fast, so 5% a year already earns a C.
Profitability
Over the last three years combined, GE Aerospace kept 14.7% ✓ of sales as operating profit, which earns a C ✓. RTX kept 8.1% ✓, a D ✓, and Howmet kept 21.9% ✓, a B ✓.
Why this measure? (higher is better)
Operating margin is the share of each sales dollar left after running the business. Software and platforms often clear 30%; hardware makers usually sit below 10%.
Cash generation
Over the last three years combined, GE Aerospace turned 13.2% ✓ of sales into free cash flow, which earns a C ✓. The peer median was 13.1% ✓. RTX came in at 7.5% ✓, a D ✓.
Why this measure? (higher is better)
Free cash flow is the cash left after paying for factories, data centres and equipment. It funds dividends, buybacks and new bets.
Balance sheet
At the end of FY2025, GE Aerospace's cash and investments minus its borrowings (leases and stakes in other companies not counted) equalled -17.7% ✓ of a year's sales. That earns a D ✓. RTX was at -29.5% ✓, also a D ✓. Howmet was at -28.0% ✓, also a D ✓.
Why this measure? (higher is better)
More cash than debt gives a company room to ride out bad years. Some debt is normal; a lot of it makes a company fragile.
Steadiness
GE Aerospace's yearly sales growth has a standard deviation (a measure of how far each year's growth strays from the average) of 6.2% ✓. That earns a B ✓. Growth was 21.3% ✓ in FY2023, 9.5% ✓ in FY2024 and 18.5% ✓ in FY2025.
Why this measure? (lower is better)
Steady growers are easier to plan around. Big swings mean sales depend on product cycles, the economy or one-off events.
🧑🏫 How the grades work
- Same scale for everyone. Each measure has fixed cut-offs (shown under each strip). Clear the A line and you get an A, whatever your peers do.
- Three years together. Profitability and cash generation add up the last three fiscal years before dividing, so one unusual year counts for less than it would on its own (a year much bigger than the others still weighs most).
- Peers for context. The rank shows how GE Aerospace compares with the group. Companies within 0.1 percentage point share a rank.
- Same source. Every company's figures come from its own latest annual report (10-K), so fiscal years end in different months.
- Judgement, openly stated. The cut-offs are QuantVantage.ai's view of what good looks like for a large, established company. They are not a forecast or a recommendation.
4 years at a glance
Where the cash goes
GE Aerospace handed back a little more cash than it generated. From FY2022 to FY2025 it made $18.5bn ✓ of free cash flow and spent $19.3bn ✓ on buybacks and dividends. In FY2025, payouts equalled 124% ✓ of free cash flow. At 30 September 2026 it held $8.8bn ✓ of cash and securities, against debt of $19.8bn ✓. It has agreed to buy Consolidated Precision Products (CPP), a maker of castings, for $11.75 billion in cash, subject to closing adjustments 2324. It plans to pay with about $7 billion of cash and new debt for the rest 6.
🧮Ratios 101: what are GE Aerospace's key financial ratios?
Ratios show GE Aerospace holds 138 ✓ days of stock and carries debt of 1.1x ✓ its equity. A ratio divides one number by another so companies of any size can be compared. Each card shows the formula with GE Aerospace's real FY2025 numbers, the peer median and the trend.
💰 Profitability: how much of each sale is kept?
Gross margin
What is left from each sale after paying to make the product or deliver the service.
👉 GE Aerospace keeps 31.5% ✓ of sales as gross profit, up from 26.9% ✓ in FY2023 but below the 33.8% ✓ peer median.
📏 Rule of thumb: Above 40% usually signals pricing power or a big software or services mix.
Operating margin
What is left after also paying for research, marketing and running the company.
👉 GE Aerospace's 18.6% ✓ is up from 10.5% ✓ in FY2023 and a little below the 19.8% ✓ peer median.
📏 Rule of thumb: Above 20% is strong for a large company.
Net margin
The bottom line: profit after interest and taxes, per dollar of sales.
👉 GE Aerospace keeps 19.0% ✓ of sales as final profit, above the 15.5% ✓ peer median. That profit includes $1.6bn ✓ added by items outside the main business.
📏 Rule of thumb: Above 15% is strong; one-off tax items can move it in a single year.
Return on equity (ROE)
Profit earned for each dollar that shareholders have left in the company.
👉 ROE of 46.6% ✓ compares net income of $8.7bn ✓ with shareholders' equity of $18.7bn ✓. The peer median is 28.2% ✓.
📏 Rule of thumb: Around 15% or more is good, but buybacks shrink equity and can make ROE look huge.
⚙️ Efficiency: how hard do the assets work?
Return on assets (ROA)
Profit earned from everything the company owns, however it was paid for.
👉 GE Aerospace earned 6.7% ✓ on its $130.2bn ✓ of assets, a little below the 7.7% ✓ peer median.
📏 Rule of thumb: Above 10% is strong; banks and factories usually earn less.
Asset turnover
Dollars of sales squeezed out of each dollar of assets.
👉 GE Aerospace's sales equal 0.4x ✓ the value of everything it owns, against a 0.5x ✓ peer median.
📏 Rule of thumb: Retailers often top 2x; asset-heavy businesses can sit below 0.5x.
Inventory days
How many days of products sit in warehouses before they are sold.
👉 GE Aerospace holds 138 ✓ days of stock, above the 107 ✓ day peer median.
📏 Rule of thumb: Fewer days means less cash tied up and less risk of products going stale.
🛟 Safety: could it survive a bad year?
Current ratio
Can short-term assets (cash, money owed by customers, stock) pay the bills due within a year?
👉 GE Aerospace's 1.0x ✓ means it had $40.6bn ✓ of short-term assets against $39.0bn ✓ of bills due within a year. The peer median is 1.7x ✓.
📏 Rule of thumb: Above 1.0x is the classic comfort line, but cash-rich giants can run below it on purpose.
Debt to equity
How much the company has borrowed for each dollar shareholders have in it.
👉 GE Aerospace's debt of $20.5bn ✓ is 1.1x ✓ its equity, above the 0.6x ✓ peer median.
📏 Rule of thumb: Below 1.0x is conservative. Like ROE, it can rise when buybacks shrink equity, even if debt has not changed.
💵 Cash and owners: where does the money end up?
Cash conversion
Does reported profit turn into real cash? Free cash flow is operating cash minus capital spending.
👉 GE Aerospace's free cash flow of $7.3bn ✓ was 0.8x ✓ its net income, against a 1.0x ✓ peer median.
📏 Rule of thumb: Near or above 1.0x means profits are backed by cash.
R&D intensity
How much of each sales dollar goes into inventing future products.
👉 GE Aerospace spent 3.4% ✓ of sales on its own research, up from 2.9% ✓ in FY2023 and above the 2.3% ✓ peer median. Customers and partners, primarily the US Government, funded a further $1,409 million in 2025 1.
📏 Rule of thumb: Tech companies often spend 10% to 20%; more is not always better if it does not pay off.
Stock pay
Pay given to staff in shares instead of cash. It is a real cost to owners because it adds shares.
👉 Stock pay is 0.7% ✓ of sales, the same as the 0.7% ✓ peer median.
📏 Rule of thumb: Under 5% of sales is modest for a tech company.
Shareholder payout
How much of the year's profit was handed back to owners.
👉 GE Aerospace paid out 103.4% ✓ of FY2025 profit as buybacks and dividends, or $9.0bn ✓ against $8.7bn ✓ of net income. The peer median is 100.9% ✓.
📏 Rule of thumb: Above 100% means it returned more than it earned, using cash savings or debt.
Ratios use fiscal-year-end balance sheet values. Inputs are shown rounded, so dividing them can differ from the result in the last digit. A peer median leaves out peers that do not report the inputs, or where the ratio means nothing (for example, negative shareholders' equity). Rules of thumb are general guides from QuantVantage.ai, not hard limits. No share-price ratios (like price-to-earnings) are shown on this page.
🥊Who are GE Aerospace's competitors?
GE Aerospace faces other engine makers and third-party repair shops 1. Depending on the aircraft model, airlines may choose another maker's engine 1. It names third-party shops among its key competitors in commercial engine services 1. RTX's Pratt & Whitney also sells commercial and defense aircraft engines 1213. Howmet is a supplier to GE Aerospace 171819. TransDigm has product overlap with it 120. Honeywell overlapped with it until 29 June 2026 1141516.
| Company | Where they compete | Revenue | Growth/yr (3y) | Op. margin | FCF margin |
|---|---|---|---|---|---|
| GE Aerospace (GE, FY2025) | Jet engines and services for commercial aircraft, business jets and militaries 1 | $45.9bn | 16.3% | 18.6% | 15.9% |
| RTX (RTX, FY2025) | Pratt & Whitney sells commercial and defense aircraft engines 1213. RTX's 10-K names the Engine Alliance, a Pratt & Whitney joint venture with GE Aviation for GP7000 aftermarket support 1213 | $88.6bn | 9.7% | 10.5% | 9.0% |
| Honeywell (HON, FY2025) | Overlapped with GE Aerospace in aircraft engines, avionics and aircraft power systems until 29 June 2026 1141516. That day Honeywell completed the spin-off of Honeywell Aerospace Inc. 1141516. Honeywell, now operating as Honeywell Technologies, describes itself as an automation company 1141516 | $37.4bn | 6.5% | 14.9% | 13.6% |
| Howmet (HWM, FY2025) | A supplier: GE Aerospace bought about 14% of Howmet's third-party sales in the first nine months of 2026 171819. In September 2026 it agreed to buy CPP, which Howmet's 2025 10-K lists among its competitors 171819 | $8.3bn | 13.4% | 24.8% | 17.3% |
| TransDigm (TDG, FY2025 to Sep 2025) | Both sell aircraft ignition systems and sensors: GE Aerospace through Propulsion & Additive Technologies, TransDigm through its Power & Control segment 120 | $8.8bn | 17.6% | 47.2% | 20.6% |
GE Aerospace says rivals may offer discounts and guarantees to win an installed base 1. It says its markets are highly competitive on pricing, product and service quality, durability and reliability, and development time 1.
🧭GE Aerospace SWOT: strengths, weaknesses, opportunities and threats
💪 Strengths
- Its installed base is about 50,000 commercial and 30,000 military engines, parked aircraft included 16.
- Aftermarket services are about 70% of its revenue 16.
- At 31 December 2025, it expected its long-term service deals to bill $174 billion over their lives 3.
- Unfilled customer orders were $212.1 billion at 30 September 2026, of which $178.7 billion was services 6.
🩹 Weaknesses
- Net cash was -$8.1bn ✓ at the end of FY2025, and the balance sheet earns a D ✓.
- It holds 138 ✓ days of stock, against a peer median of 107 ✓ days.
- It says supply is tight and that some suppliers, or their suppliers, are limited- or sole-source 16.
- It warns that future tests of its insurance reserves may require more capital for its insurers 21.
- It says a small group of large aircraft makers and airlines influences activity in its sector 21.
🚀 Opportunities
- It expects the LEAP engine to overtake the CFM56 as the industry's largest fleet in the coming years 1.
- IndiGo agreed to a memorandum of understanding for more than 1,000 LEAP-1A engines, which GE Aerospace calls its largest LEAP agreement 622.
- In October 2026 it signed an agreement with Turkish Airlines for LEAP-1B engines. Its third-quarter release says more than 300 engines, and its 10-Q says up to 300 622.
- On 8 September 2026 it announced a deal to buy Consolidated Precision Products (CPP), a maker of highly engineered castings, for $11.75 billion in cash, subject to closing adjustments 2324.
- It said in October 2026 that it had completed certification of a LEAP-1B durability kit 6. An upgraded blade is expected to roughly double time on wing for that engine 6.
⚠️ Threats
- The IRS is auditing its 2016-2020 US tax returns and may assert a material amount of extra taxes and penalties 5. Any obligation would be shared with GE Vernova and GE HealthCare 5.
- It estimated total losses from borrower lawsuits at Bank BPH at $1,658 million at 30 September 2026 5.
- Its run-off insurance operations lost $210 million in the third quarter of 2026, against a profit of $361 million a year earlier 5.
- It warns that ramping up newer engines such as the LEAP and GE9X brings operating risks 21.
- It says the conflict in the Middle East could lower airline flying and its shop visit and spare parts volumes 6. It says the conflict had no material effect on its operations in the first nine months of 2026 6.
🏰Does GE Aerospace have a moat?
Why 3?
GE Aerospace describes its commercial engine fleet as the industry's largest and growing 1. It also says its markets are highly competitive on pricing, quality, durability, reliability and development time 1. The GE name and logo are licensed to former businesses, including GE HealthCare and GE Vernova 1.
Why 4?
On some Boeing models GE Aerospace's engines are the sole source; on others, airlines may pick another maker's engine 1. It says the engine a customer picks can greatly affect later sales of parts and services 1. Engines can run for decades after they are sold 1. Long-term service deals generally run 10 to 25 years 34. At 31 December 2025 it expected those deals to bill $174 billion over their lives 3. It expects the LEAP engine to overtake the CFM56 as the industry's largest fleet in the coming years 1. It also names third-party shops among its key competitors in commercial engine services 1.
Why 2?
GE Aerospace sells spare parts to third-party repair shops and licenses repair technology to them 1. It added Iberia as its seventh Premier maintenance partner and expanded what Delta TechOps can do on the LEAP 6. Its installed base is about 50,000 commercial and 30,000 military engines, parked aircraft included 16. It also names third-party shops among its key competitors in commercial engine services 1.
Why 3?
GE Aerospace describes its commercial engine fleet as the industry's largest and growing 1. It has manufacturing and service sites at 70 locations in 23 US states and Puerto Rico, and 62 in 23 other countries 1. Its installed base is about 50,000 commercial and 30,000 military engines, parked aircraft included 16. Aftermarket services are about 70% of its revenue 16. Total research spending was $2,989 million in 2025, of which it paid $1,580 million itself 1. But it says supply is tight and expects shortages to keep affecting production and delivery 16.
Why 4?
GE Aerospace's commercial engine designs need approval, called type certificates, from regulators such as the FAA and EASA 1. Each of its commercial engine repair sites holds certificates from several regulators 1. Total research spending was $2,989 million in 2025 1. It says protecting key design, manufacturing, repair and upgrade technology gives it a competitive advantage 1. It also says its business does not depend materially on any single patent or right 1.
A moat is what keeps rivals from taking a company's customers and profits. Scores are QuantVantage.ai's judgement (5 = strongest), set with the same rubric on every explainer (orange is GE Aerospace; grey dots are peers).
🔭What should you watch next?
Purchase of Consolidated Precision Products
GE Aerospace expects the deal to close in the second half of 2027, subject to regulatory approvals and customary closing conditions 6.
US manufacturing plan
GE Aerospace planned to invest $1 billion in US manufacturing and hire 5,000 US workers in 2026 6.
📚Learn the words
❓Frequently asked questions about GE Aerospace
How does GE Aerospace make money?
Most of GE Aerospace's revenue comes from aftermarket services, about 70% 16. In FY2025, its commercial segment brought in $33.3bn ✓. Its defense segment brought in $10.6bn ✓.
Is GE Aerospace the same company as General Electric?
Yes, General Electric Company operates as GE Aerospace 1. It spun off GE HealthCare on 3 January 2023 4 and GE Vernova on 2 April 2024 4. The GE name and logo are licensed to former businesses, including those two 1.
What is CFM International?
CFM International is a 50-50 joint venture of GE Aerospace and Safran Aircraft Engines, part of France's Safran Group 1. It sells engines GE Aerospace counts among its commercial engines 1. GE Aerospace makes substantial sales of parts and services to it 4.
Who are GE Aerospace's competitors?
GE Aerospace's competitors include other engine makers and third-party repair shops 1. RTX's Pratt & Whitney also sells commercial and defense aircraft engines 1213.
What are GE Aerospace's insurance businesses?
They are two insurers that no longer sell new policies 3. Employers Reassurance Corporation stopped after 2008, and Union Fidelity Life Insurance Company has been closed to new business since 2004 3. They made a profit of $992 million in 2025 4. They lost $210 million in the third quarter of 2026 5.
How large is GE Aerospace's order backlog?
GE Aerospace's unfilled customer orders were $212.1 billion at 30 September 2026 6. Of that, $178.7 billion was services 6. This figure leaves out orders a customer can cancel without a substantive penalty 6.
Who runs GE Aerospace?
H. Lawrence Culp, Jr. is Chairman and CEO 4. Mohamed Ali became head of the commercial engines segment on 1 February 2026 25. On 21 September 2026 the independent directors made Wesley Bush independent Lead Director 26.
Does GE Aerospace pay a dividend?
Yes, GE Aerospace paid $1.5bn ✓ in dividends in FY2025. It also spent $7.6bn ✓ on share buybacks that year.
🎮Play: higher or lower, then test yourself
Figures come from each company's latest annual report (10-K); fiscal years end in different months. Sources: [7] [8] [10] [9] [11].
🧠 Test yourself
5 quick questions. Score: 0 / 5
1. About how much of GE Aerospace's FY2025 revenue came from Commercial Engines & Services?
2. How long do GE Aerospace's long-term service agreements generally run?
3. Which company is GE Aerospace's 50-50 partner in CFM International?
4. What share of GE Aerospace's revenue comes from aftermarket services?
5. What did GE Aerospace, NASA, BETA Technologies and Boeing complete in 2026?
🔎Sources and method
Every figure comes from a source listed here or is calculated from those sources (marked ✓). Company financials come from the reports each company files with the SEC (10-K annual and 10-Q quarterly reports). Peer grades rank the same measures across the company and its peers. This page contains no share-price data and no valuation.
- General Electric Company Form 10-K for fiscal year 2025 — Cover, About GE Aerospace, segments, human capital, research and development, intellectual property, supply chain, competition, regulation, legacy businesses (accessed 2026-11-08)
- GE Aerospace (GE) Form 10-K for fiscal year 2025, filed 2026-01-29 — revenue and cost of sales by product, segment and geography (accessed 2026-11-04)
- General Electric Company Form 10-K for fiscal year 2025 — MD&A: long-term service agreement estimates, run-off insurance portfolio, segment operations (accessed 2026-11-08)
- General Electric Company Form 10-K for fiscal year 2025 — Notes 1, 2, 12 and 25 and the executive officers table: service agreements, separations, insurance operations, government and non-U.S. revenue, CEO (accessed 2026-11-08)
- General Electric Company Form 10-Q for the quarter ended September 30, 2026 — Notes 2, 12, 15 and 23: Bank BPH, insurance results, IRS audit, segment change (accessed 2026-11-08)
- General Electric Company Form 10-Q for the quarter ended September 30, 2026 — MD&A: business environment, remaining performance obligation, segment operations, deals, acquisition of Consolidated Precision Products, insurance review (accessed 2026-11-08)
- SEC EDGAR companyfacts: GE Aerospace (GE) — annual 10-K facts (accessed 2026-11-04)
- SEC EDGAR companyfacts: RTX Corp (RTX) — annual 10-K facts (accessed 2026-11-04)
- SEC EDGAR companyfacts: Howmet Aerospace Inc. (HWM) — annual 10-K facts (accessed 2026-11-04)
- SEC EDGAR companyfacts: HONEYWELL INTERNATIONAL INC (HON) — annual 10-K facts (accessed 2026-11-04)
- SEC EDGAR companyfacts: TransDigm Group INC (TDG) — annual 10-K facts (accessed 2026-11-04)
- RTX Corporation Form 10-K for fiscal year 2025 — Cover page and Item 1 business: fiscal year, incorporation, segments, products, customers, programs, GTF family, F135 (accessed 2026-11-08)
- GE Aerospace Form 10-K for fiscal year 2025 — Item 1: commercial and defense engines, CFM International joint venture, competition (accessed 2026-11-08)
- Honeywell International Inc. Form 10-K for fiscal year 2025 — Aerospace Technologies segment: products and customers (accessed 2026-11-08)
- Honeywell International Inc. Form 8-K, June 29, 2026 — Completion of the spin-off of Honeywell Aerospace (accessed 2026-11-08)
- Honeywell International Inc. Form 10-Q for the quarter ended September 30, 2026 — Business update after the Aerospace spin-off (accessed 2026-11-08)
- Howmet Aerospace Form 10-Q for the quarter ended September 30, 2026 (filed 2026-10-29) — Note D Segment Information: end-market revenue, customer concentration, segment recast; Note Q legal proceedings (accessed 2026-11-08)
- Howmet Aerospace Form 10-K for fiscal year ended December 31, 2025 (filed 2026-02-12) — Item 1 Competitive Conditions (accessed 2026-11-08)
- General Electric Company Form 8-K (September 8, 2026) — Agreement to acquire Consolidated Precision Products (accessed 2026-11-08)
- TransDigm Group Incorporated Form 10-K for fiscal year 2025 — Business: Power & Control segment products and customers, competition (accessed 2026-11-08)
- General Electric Company Form 10-K for fiscal year 2025 — Risk factors: operational execution, customers and counterparties, run-off insurance and banking operations (accessed 2026-11-08)
- GE Aerospace third-quarter 2026 results (Form 8-K exhibit 99, October 20, 2026) — Orders, revenue, guidance for 2026 and 2027, engine commitments, F414 contract (accessed 2026-11-08)
- GE Aerospace press release on acquiring Consolidated Precision Products (Form 8-K exhibit 99.2, September 8, 2026) — Acquisition terms and description of CPP (accessed 2026-11-08)
- General Electric Company Form 8-K, September 8, 2026 — Agreement to acquire Consolidated Precision Products: cash purchase price, closing adjustments, expected timing (accessed 2026-11-08)
- General Electric Company Form 8-K, January 15, 2026 — Leadership of Commercial Engines & Services (accessed 2026-11-08)
- General Electric Company Form 8-K, September 22, 2026 — Board: independent Lead Director and new director (accessed 2026-11-08)
- General Electric Company Form 10-K for fiscal year 2015 — Business overview: year of incorporation (accessed 2026-11-08)
- SEC EDGAR companyfacts: GE Aerospace (GE) — quarterly 10-Q/10-K facts (accessed 2026-11-04)
- SEC EDGAR companyfacts: GE Aerospace (GE) — balance sheet at 2026-09-30 (accessed 2026-11-04)