Welcome to our dedicated page for GE Aerospace news (Ticker: GE), a resource for investors and traders seeking the latest updates and insights on GE Aerospace stock.
GE Aerospace (NYSE: GE) drives innovation in aerospace propulsion through advanced jet engine technology and comprehensive lifecycle services. This news hub provides investors and industry professionals with essential updates on operational milestones, financial performance, and strategic developments shaping the future of flight.
Access timely press releases and analysis covering earnings reports, defense sector contracts, commercial aviation partnerships, and technological breakthroughs. Our curated collection highlights critical updates on engine certification programs, maintenance network expansions, and sustainability initiatives within the aerospace sector.
Discover updates on GE Aerospace's industry-leading CFM International joint venture, additive manufacturing advancements, and digital simulation capabilities that enhance engine efficiency. Track developments in military propulsion systems and commercial aviation solutions powering global fleets.
Bookmark this page for structured access to verified information about GE's aerospace operations, designed to support data-driven decision-making for stakeholders. Regularly updated content ensures you stay informed about this industrial leader's role in advancing modern aviation technologies.
GE Healthcare has received approval from the European Medicines Agency for the use of its stress agent Rapiscan in additional imaging modalities. Previously used in SPECT MPI for adults, Rapiscan is now also approved for Magnetic Resonance Imaging (MRI), Computed Tomography (CT), and Positron Emission Tomography (PET). This approval allows Rapiscan to aid in diagnosing coronary artery disease in patients unable to exercise, enhancing diagnostic capabilities and patient experience.
The Board of Directors of GE has declared a $0.08 per share dividend on its outstanding common stock, payable on April 25, 2022. Shareholders of record as of March 8, 2022 will receive this dividend, with the ex-dividend date set for March 7, 2022.
This decision reflects the company's ongoing commitment to returning value to its shareholders while maintaining financial stability in the competitive industrial sector.
GE has signed an exclusive agreement with EDF for the acquisition of part of GE Steam Power's nuclear activities, enhancing EDF's position in the French nuclear sector. The transaction includes GE’s Arabelle steam turbines and related services, aiming to bolster nuclear power capabilities. GE retains its services-focused Steam Power business in the Americas and charges ahead with next-gen technology investments. The move is expected to close in the first half of 2023, pending regulatory approvals, but financial terms were not disclosed.
Qatar Airways has placed a significant order with GE for up to 50 Boeing 777-8 Freighters, which includes 30 GE9X engines and four GE90-115B engines. The total order value exceeds $6.8 billion, encompassing spare engines and GE TrueChoice™ services for maintenance and overhaul. This partnership underlines Qatar Airways' commitment to expanding its cargo operations while focusing on sustainability. The GE9X engine is touted as the most powerful and fuel-efficient turbofan, designed to lower emissions and support the airline’s green initiatives.
GE Aviation has partnered with SmartSky Networks and Mosaic ATM to advance Flight Management Systems (FMS) for Advanced Air Mobility (AAM) under a NASA Innovation Award. This collaboration aims to connect airborne and cloud-based FMS, improving airspace management and safety. TrueCourse, GE's new FMS, will enhance real-time data inputs and processing, contributing to efficient air traffic management and environmental sustainability. The initiative is set to facilitate the introduction of more aircraft into the airspace in the coming years.
GE has appointed Scott Reese as the new CEO of GE Digital, effective February 22, 2022, succeeding Patrick Byrne. Reese, previously with Autodesk, brings extensive experience in product development and growth strategies. His leadership is expected to enhance GE Digital's role in the upcoming energy company spin-off planned for 2024. Scott Strazik, CEO of GE's global energy business, expressed confidence in Reese's capabilities to drive digital transformation and decarbonization initiatives.
GE Digital has announced its acquisition of Opus One Solutions Energy Corporation, enhancing its ability to optimize energy planning and market management for electric utilities. This merger combines GE's century of innovation with Opus One's advanced GridOS® technology, aimed at facilitating the integration of renewable energy and Distributed Energy Resources (DERs) across the grid. The transaction is set to close within 30 days, allowing utilities to better manage and trade renewables, thereby supporting a sustainable energy future.
GE (NYSE:GE) has completed the acquisition of BK Medical for
Technip Energies and GE Gas Power have partnered to conduct a Front-End Engineering Design (FEED) study for the Net Zero Teesside (NZT) Power project in the UK. This groundbreaking project focuses on developing a large-scale amine-based carbon capture solution alongside an 860MW natural gas power station. Following the FEED study, the consortium will be invited to bid for the construction contract. The collaboration aims to decarbonize operations and establish the region as the UK's first decarbonized industrial cluster, utilizing Shell’s Cansolv CO2 capture technology with a planned capacity of 2 million tons per annum.
The Board of Directors of GE (NYSE: GE) declared a $0.08 per share dividend on its common stock, payable on January 25, 2022. Shareholders of record as of the close of business on December 21, 2021 will receive this dividend, with the ex-dividend date set for December 20, 2021.
This dividend reflects GE's continued commitment to returning value to its shareholders while maintaining a focus on innovation and operational excellence.
