GE Aerospace raises full-year guidance on strong Q3 results
Q3 orders surged 49% to $19B with revenue up 16%. The company announced the CPP acquisition and signed major engine commitments at the Farnborough Airshow.
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Aerospace engine and integrated systems provider
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In short: GE Aerospace posted strong Q3 results, raised its outlook, and agreed to buy CPP for $11.75 billion.
Q3 orders surged 49% to $19B with revenue up 16%. The company announced the CPP acquisition and signed major engine commitments at the Farnborough Airshow.
CEO highlights record engine orders, hybrid flight success, and double-digit growth for services. The company expects high free cash flow conversion exceeding 100%.
The deal closes in H2 2027, boosting castings capacity and engine tech while driving accretive EPS growth.
The company reports 21% adjusted revenue growth and emphasizes culture-driven improvements via FLIGHT DECK.
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GE Aerospace (GE), a provider of jet engines, aerospace systems and related services, reported higher third-quarter profit on Tuesday, supported by revenue growth.
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GE Aerospace has recently announced its agreement to acquire Consolidated Precision Products (CPP). The firm manufactures complex titanium, aluminum, and superalloy castings and a...
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