GE Aerospace Expands Defense, Aviation Business With Two Major Deals

benzinga_article
2026.05.19 16:11
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GE Aerospace has secured a U.S. Air Force engine contract for its GE426 engine and a 10-year support deal with Japan Airlines for its Boeing 787 fleet. The stock is currently trading below key trend indicators, with analysts maintaining a Buy rating and a consensus price target of $267.84. Upcoming earnings report is expected to show an EPS of $1.85 and revenue of $11.79 billion.