GE Aerospace reports news on its aircraft engine, services, and systems business, including commercial engine orders, long-term service support, maintenance, repair and overhaul investments, and digital tools used in production, supply chain, and military aircraft readiness. Coverage includes customer selections for GEnx and other GE Aerospace or CFM-powered fleets, dividend declarations, workforce-training initiatives, and governance matters involving defense-related products.
GE Aerospace (NYSE: GE) announced at the Farnborough International Airshow that, with NASA, BETA Technologies and Boeing, it conducted the world’s first hybrid electric flight above 30,000 feet using a Saab 340B testbed under NASA’s Electrified Powertrain Flight Demonstration (EPFD) project. The megawatt-class, multi-kilovolt hybrid electric propulsion system enabled a single flight of more than two hours in hybrid electric mode and powered the propeller while charging the battery. Partners including BAE Systems and Boeing’s Aurora Flight Sciences supplied batteries and nacelle hardware, while BETA acted as systems integrator and operated hybrid legs on the transatlantic ferry. GE Aerospace linked this milestone to a decade of hybrid electric development and broader testing under the CFM RISE technology demonstration program.
BETA Technologies (NYSE: BETA) unveiled the MV250, an autonomous hybrid-electric VTOL aircraft for military logistics at the Farnborough International Airshow. The MV250 is designed to offer greater range, higher speed, increased payload and lower operating and procurement costs than similarly sized legacy platforms.
According to BETA, MV250 has a 1,300-nautical-mile reposition range and carries a 2,000-pound payload within a 250-nautical-mile tactical range. A series hybrid-electric turbogenerator co-developed with GE Aerospace (NYSE: GE) extends range and provides ground power. The aircraft uses an open, MOSA-compliant architecture integrating Sikorsky’s MATRIX and BETA autonomy systems and shares common airframe and systems with BETA’s ALIA civil aircraft to reduce development, production and validation costs.
GE Aerospace (NYSE: GE) reports that its GEnx-1B engine, which powers the Boeing 787 Dreamliner, has surpassed 50 million flight hours in just over 14 years, the fastest achievement for any GE Aerospace commercial widebody engine model. The engine operates with more than 50 operators worldwide, accumulating over 600,000 flight hours per month and delivering 99.98% dispatch reliability, with time on wing three times higher than competing engines.
The broader GEnx family now has more than 2,700 engines in service, nearly 75 million flight hours, and nearly 12 million cycles. GE Aerospace is investing $1 billion in 2026 across U.S. manufacturing and supply chain, including over $100 million to enhance supplier capabilities for programs like GEnx, while introducing service innovations such as 360 Foam Wash, Blade Inspection Tool, and FlightPulse.
GE Aerospace (NYSE: GE) declared a quarterly dividend of $0.47 per share on its outstanding common stock. The dividend will be paid on July 27, 2026 to shareholders of record as of July 6, 2026, which is also the ex-dividend date.
GE Aerospace (NYSE:GE) and Wolfspeed (NYSE:WOLF) signed a Memorandum of Understanding to speed adoption of high-voltage silicon carbide (SiC) in industrial, aerospace and defense markets. The MOU covers Wolfspeed’s 10 kV MOSFET die supply and joint development of standard high-voltage SiC power module formats.
The collaboration targets applications such as solid-state transformers, industrial electrification, AI data centers, and next-generation defense platforms, emphasizing domestic sourcing, supply chain resilience, higher efficiency, and more compact, reliable high-voltage power systems.
GE Aerospace (NYSE:GE) received a U.S. Air Force contract to complete the preliminary design review (PDR) of its new GE426 engine for medium-thrust Autonomous Collaborative Platform (ACP) aircraft.
The contract advances the GE426 prototype design, focusing on capability, producibility, cost and alignment with ACP fleet requirements, building on prior concept design review completed in August 2025.
GE Aerospace (NYSE:GE) announced a $30 million workforce program, Lifting Futures, to train 10,000 workers by 2030 across five inaugural communities: Auburn AL; Cincinnati-Dayton OH; Dallas TX; Kuala Lumpur, Malaysia; and Wrocław, Poland.
Initial grants include minimum awards of $1 million (Auburn, Dallas, Kuala Lumpur) and $500,000 (Cincinnati-Dayton, Wrocław). Local planning will run through spring and summer, with community-specific program details to be released in the fall of 2026.
GE Aerospace (NYSE:GE) and Palantir expanded a multi-year partnership to deploy agentic AI across military aviation sustainment and GE's production system.
The collaboration builds on a 2024 pilot improving readiness for the Air Force's T-38 J85 engine and now covers sustainment, MRO, new engine production, and supply-chain orchestration using Palantir's AIP.
GE Aerospace (NYSE:GE) announced that United Airlines (Nasdaq:UAL) selected 300 GEnx engines to power new Boeing 787 Dreamliners, including spares, announced Feb. 16, 2026. The order brings United's 787 fleet to more than 200 GEnx-powered aircraft and makes United the largest GEnx operator.
The GEnx family is cited with a 99.98% dispatch rate, over 70 million flight hours, and GE Aerospace reports firm future GEnx deliveries of nearly 1,800 engines plus spares.
GE Aerospace (NYSE: GE) declared a $0.47 per share quarterly dividend.
The dividend is payable April 27, 2026 to shareholders of record at the close of business on March 9, 2026; the ex-dividend date is March 9, 2026.