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Members of the United Auto Workers union at GE Aerospace's Evendale, Ohio, and Erlanger, Kentucky, facilities have reached a tentative agreement with the company, the union said on Friday.
The stock closed at a new 52-week high on Wednesday.
Zacks highlights Hecla Mining, GE Aerospace, and Stride as standout performers in a volatile market, driven by earnings trends and stock upgrades.
GE Aerospace teams up with BETA to develop hybrid electric turbogenerators, aiming to boost range, payload and performance in next-gen aircraft.
GE Aerospace is taking a sizable stake in electric aviation company Beta Technologies, with the pair teaming up to build a hybrid-electric turbogenerator for next-gen aircraft. GE will also invest $300 million, pending regulatory approval, under a strategic deal announced Thursday.
Companies to co-develop hybrid electric turbogenerator for defense and civil applications, enabling U.S. Advanced Air Mobility Hybrid electric capabilities enable longer range, higher speed, lower operating cost and higher payload compared to other aircraft in the same segment GE Aerospace to make an equity investment of $300 million in BETA Technologies, Inc. CINCINNATI , Sept. 4, 2025 /PRNewswire/ -- GE Aerospace (NYSE:GE) and BETA Technologies Inc. ("BETA") announced today a new strategic partnership and equity investment agreement, subject to regulatory approval, to accelerate the development of hybrid electric aviation by combining BETA's rapid innovation approach with GE Aerospace's global scale and experience.
GE Aerospace's (GE -0.71%) joint venture, CFM International, and RTX's (RTX -0.06%) Pratt & Whitney produce rival engines in the Airbus A320neo. In addition, the CFM engine, LEAP, is the sole engine option on the Boeing 737 MAX.
Axcelis partners with GE Aerospace on SiC superjunction power devices, leveraging its Purion XEmax implanter to advance extreme-condition technologies.
Global defense spending is poised to accelerate as conflicts in Europe, the Middle East, and rising tensions in Asia intensify demand for new technologies and weaponry.
Here is how GE Aerospace (GE) and Woodward (WWD) have performed compared to their sector so far this year.