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General Electric
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Energy, healthcare, aviation equipment and services
General Electric
Work Here?
Energy, healthcare, aviation equipment and services
Overview
General Electric (GE) operates in three main areas: energy, healthcare, and aviation, serving customers worldwide. It sells wind turbines, gas turbines, energy storage systems, and grid solutions for energy, and provides medical imaging, monitoring, and diagnostic equipment for healthcare; in aviation, it designs and manufactures jet engines and aerospace components. GE makes money from selling equipment, long-term service and maintenance, and digital solutions that optimize performance. Its goal is to help the world work more efficiently, reliably, and safely by delivering reliable technology and services across its sectors.
About General Electric
Industries
Industrial & Manufacturing
Energy
Aerospace
Healthcare
Company Size
10,001+
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
1892
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Simplify's Take
What believers are saying
- GE Aerospace Q2 2026 orders rose 17%, revenue 21%, and free cash flow 43%.
- Vernova Q2 2026 orders jumped 88%; backlog reached $176 billion by July 22, 2026.
- GE HealthCare launched Invenia ABUS Prime on August 4, 2026, broadening breast imaging.
What critics are saying
- Supply-chain delinquencies rose 20% sequentially in Q2 2026, capping GE Aerospace output.
- GE HealthCare cut 2026 EPS on April 29, 2026 after a PDx supplier issue.
- Vernova’s Wind unit still posted 2026 EBITDA losses; prolonged losses can drain capital.
What makes General Electric unique
- GE Aerospace’s installed base monetizes through recurring aftermarket services and parts.
- GE Vernova, GE HealthCare, and GE Aerospace each hold distinct engineering moats in 2026.
- LEAP-1B certification on July 16, 2026, extends GE’s fuel-efficiency lead.
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Funding
Total Funding
$27.4M
Above
Industry Average
Funded Over
3 Rounds
Stock Price
Company News
Multiple organisations investigating fresh wave of Cl0p breaches. Multinational giants such as Philips and Shell may have been affected after the Cl0p cyber extortion gang hacked a popular piece of PLM software. Published: 17 Aug 2026 19:04 A series of prominent organisations including UK fossil fuel giant Shell, Dutch consumer and health tech multinational Philips, and the US' General Electric (GE), are probing security breaches after being 'named and shamed' by the Cl0p/Clop cyber extortion gang. Cl0p, which has a long history of targeting blue chip firms by compromising commonly used enterprise platforms, named all three organisations among close to 50 others in an update to its dark web leak site. All of the victims appear to have been compromised via a critical zero-day flaw in PTC's Windchill PDMLink and FlexPLM product lifecycle management software packages, tracked as CVE-2026-12569. Identified and patched in June and added to Cisa's Known Exploited Vulnerabilities (Kev) catalogue shortly thereafter, the flaw becomes exploitable by chaining a pre-authentication information disclosure issue in the FlexPLM WSDL endpoint with a server-side issue in Windchill's login servlet. Ultimately, according to members of the Ransom-ISAC anti-ransomware community, these conditions enabled the threat actors to deploy webshells, achieve unauthenticated remote code execution (RCE), and exfiltrate their victims' data. Ransom-ISAC's Brandon Parsons wrote that Cl0p's campaign seems to have begun on or around 20 July, when the gang starting emailing multiple users at the affected organisations from randomly compromised accounts. Parsons observed: "This extortion approach is consistent with what we observed with the Oracle EBS campaign last year, except for the use of new email addresses." In statements shared with the media, Shell, Philips and GE all confirmed they were in the process of investigating the claims, but none of them named the Cl0p operation specifically. Shell told Reuters it was "working with security teams and relevant experts" on its investigation, while GE said it had "initiated its cyber response protocols and are working to assess the potential issue". A spokesperson for Philips went further, saying: "Philips has identified and contained an attempted cyber security compromise of a specific enterprise server related to internal data." According to Cl0p's unverified claims, the gang has stolen 89GB of data from Shell, 15.5GB from Philips, and 391GB from GE. In Shell's case this information allegedly includes engineering drawings, photos of oil facilities, scans of test projects and other project plans. Cl0p's tactics work. As Ransom-ISAC's analysts observed, Cl0p's activity in this latest wave of breaches strongly echoes previous campaigns conducted by the gang, targeting the likes of Acellion, Oracle, and perhaps most famously Progress Software. Three years on from its infamous attack on Progress' MOVEit file transfer tool, which hit thousands of companies, Cl0p still cleaves to its simple and highly effective 'business' model, foregoing traditional encryption ransomware in favour of compromising widely-used software products to target multiple downstream customers, stealing their data, and exposing it if not paid. CybaVerse chief technology officer (CTO) Simon Phillips said the developing incident had the potential to be another huge data breach along the lines of Cl0p's previous attacks. "Given Cl0p's reputation of launching mass attacks, all organisations showing on the leak site must take steps to investigate these claims. They must monitor for unauthorised access and identify if any data has been exfiltrated from their systems," he said. "Furthermore, any organisation using either PTC Windchill PDMlink or PTC FlexPLM should apply the patches as a priority." Phillips added: "[A] key question this raises is around vulnerabilities in software, and customer organisations continuing to face the financial repercussions when they are exploited by attackers. "As an industry, we need to rethink how we evaluate security and vendors, looking beyond individual vulnerabilities and identifying broader trends. Vendors with recurring vulnerabilities in critical components, such as those found in internet-facing infrastructure, should be flagged as high-risk." * AI is accelerating cyber attacks by criminals and hostile states, with attackers faster, more persistent and increasingly collaborative, say experts speaking at Infosecurity Europe 2026. * Computer Weekly reveals for the first time how French cyber spies hacked EncroChat phones used by organised crime groups. * Authorised payment fraud has moved way beyond being a consumer protection issue, says the Royal United Services Institute.
Home " RTI activists gets no details on Tejas Mk1 production, Uttam AESA, Astra integration or GE F404 delays. A recent Right to Information (RTI) response concerning the Light Combat Aircraft (LCA) Mk1 Tejas programme has declined to provide information on several key issues involving production capacity, weapons integration, radar development and delays affecting the aircraft's powerplant supply. The RTI application, whose response was shared by a Reddit user, sought information on the maximum number of flight-capable LCA Mk1 Tejas aircraft that Hindustan Aeronautics Limited (HAL) could deliver at peak production capacity. The applicant also asked about the projected timeline for integrating the indigenous Uttam Active Electronically Scanned Array (AESA) radar onto the Tejas Mk1. Defense Industry Discover more India defence updates Aerospace & Defense Air Defence Systems However, the response did not provide the requested timelines or production figures. Instead, the authority stated that questions seeking clarification or asking "How, What, Which, Why, When" are not covered under Section 2(f) of the RTI Act, 2005. It further stated that the information sought was exempt from disclosure under Section 8(1)(a) of the Act. The RTI application also sought projected timelines for integrating Astra Mk1 and Astra Mk2 beyond-visual-range air-to-air missiles onto the LCA Mk1 Tejas. These questions were similarly not answered, leaving the current official timeline for these integrations unclear from the response. Another question sought clarification on the nature of the delays affecting the programme, specifically whether persistent software issues, hardware problems, or a combination of both were responsible. The authority again declined to provide an answer. The application also sought details of penalties imposed by HAL on General Electric for delayed deliveries of GE F404-IN20 engines used by the Tejas Mk1A programme. No information regarding any financial penalties or contractual provisions was disclosed. The response is significant because the questions cover some of the most closely watched aspects of the Tejas programme. Production rates, engine availability, radar integration and weapons qualification directly influence the pace at which additional aircraft can be inducted into the Indian Air Force. Indian Air Force The lack of disclosure, however, does not itself establish that software or hardware problems are responsible for current delays, nor does it confirm whether HAL has imposed financial penalties on GE. The RTI response simply provides no substantive answer to those questions. The reference to Section 8(1)(a), which concerns information whose disclosure could prejudicially affect matters including the security, strategic interests and scientific or economic interests of the state, also means that the absence of information should not be interpreted as confirmation of any particular technical or contractual issue.
Power Moves: Newmark, Rocktop, BankSouth and others make newsworthy announcements. The summer season has seen its fair share of hires, promotions, board appointments and retirements * August 14, 2026 After nearly 50 years, Barry Gosin is calling it a career at Newmark Group. The CEO of the commercial real estate advisory will step down on Dec. 31 after serving in that capacity since 1979. Gosin has agreed to continue as chairman of affiliated operating company Newmark & Co. through 2029. Newmark's board of directors hasn't named a CEO successor but expects to do so by year-end. Mortgage intelligence company Rocktop Technologies has appointed Jason Vinar as chief investment officer and head of Rocktop Capital Advisors, the firm's capital markets business. Formerly chief operating officer at Two Harbors Investment Corp., where he actively managed the portfolio of RoundPoint Mortgage Servicing, Vinar will assume responsibilities for Rocktop Capital Advisors' mortgage servicing rights valuation, hedge advisory services and strategic focus. Erin Dee has joined BankSouth Mortgage as senior vice president and chief innovation officer, where she will focus on initiatives related to artificial intelligence adoption and workflow modernization. Most recently the chief operating officer of InterLinc Mortgage, Dee previously served as president of the Texas Mortgage Bankers Association. She is a current member of the MBA's Residential/Single Family Board of Governors (RESBOG) and also serves on the boards of The Mortgage Collaborative and the American Valuation Society. Farmer Mac, a secondary market provider for agricultural real estate and housing loans, has appointed Nader Pasdar as executive vice president and chief business officer, effective Aug. 17. Pasdar was previously CEO of Rabo Securities and served as managing director and head of North American markets for Rabobank. Varun Krishna, who has served as CEO of Rocket Companies since 2023, has joined the board of Southwest Airlines. Southwest cited Krishna's "deep expertise in digital products, innovation and customer engagement" in its announcement. Prior to joining Rocket, he held senior roles at Intuit, PayPal, Groupon and Microsoft. Invesco Mortgage Capital announced that Peter Graham has joined its board of directors. Graham is co-president and chief financial officer of student loan provider Sallie Mae and formerly held senior finance roles at PRA Group and General Electric. Sandler Law Group, a provider of legal and support services to residential mortgage lenders, announced that Peter Idziak has joined the firm as partner-in-charge. Idziak, who specializes in regulatory compliance and consumer financial law, previously spent seven years at Polunsky Beitel Green LLP, where he was promoted to principal in May. Equity Prime Mortgage announced the return of David Abrahamson as chief risk officer. Abrahamson previously served as chief operating officer at EPM from 2010 to 2020. Since then, he has held senior roles at American Bancshares Mortgage, First Option Mortgage, Mortgage Equity Partners and Mortgage Solutions of Georgia. In his new role, he will strengthen EPM's risk management framework and provide oversight of its credit, underwriting, regulatory and investor-related functions. Get these articles in your inbox. Planet has hired Greg Thomas as an area sales manager in Fort Wayne, Ind., where he will be tasked with leading retail growth across Indiana, Ohio and Michigan. Thomas has 20 years of originating experience under his belt - including specialties in government lending, renovation financing, new construction and self-employed borrower loans. He will operate under the GO Home Mortgage banner. Certainty Home Lending has hired Bryan Ingenito as executive vice president and national operations executive. A nearly 30-year mortgage industry veteran, Ingenito is based in the Charlotte, N.C., metro area. New American Funding has added originators Shane Masterman and Christian Johnson, whose jointly run venture is called Cantera Home Lending. Based in the Dallas-Fort Worth area, the pair have nearly 50 years of combined industry experience. Atlantic Coast Mortgage has added Keith Cross as senior vice president of builder relations. A former sales and operations leader at Beazer Homes, Cross will work with the company's loan officers to develop builder resources and collaborations with home building partners. Potomac Bank Residential Lending has hired Gail Moxley as senior vice president and senior mortgage loan officer. Moxley brings 25 years of experience from her career at CNB Bank, where she worked in commercial lending, residential lending, retail and collections. Argyle, a provider of automated income and employment verifications for lenders, has promoted John Hardesty to chief revenue officer and Daniel Esquibel to vice president of mortgage. Hardesty previously served as senior vice president of revenue and Esquibel was the company's director of strategic sales and partnerships. Correspondent warehouse funder FirstFunding Inc., a subsidiary of title insurance giant First American Financial Corp., announced the retirement of Jim Dunkerley after 23 years of service. Dunkerley founded FirstFunding in 2003 and stewarded the company through its acquisition by First American in 2018.
Battle of the briefs: UP-NS fires back at AGs anti-merger letter. Experts: Opponents' anti-trust claims are conjecture - not proof. · Thursday, August 13, 2026 Union Pacific and Norfolk Southern are bringing out the Dream Team. The railroads reached into academia to gather a quartet of former government anti-trust experts in an effort to refute the latest filing by red state Attorneys General urging regulators to reject the proposed merger that would create the first U.S. transcontinental freight railroad. In a nine-page filing submitted Wednesday to the Surface Transportation Board that read like a legal brief complete with citations, the experts cautioned that merger complaints stand as conjecture - and not proof. They offered case histories and academic research supporting previous corporate tie-ups that were also contested on anti-trust grounds, and how opponents use the courts to hinder mergers. The filing this week by the top law enforcement officials from seven Republican states said that the merger of UP (NYSE: UNP) and NS (NYSE: NSC) won't enhance competition as required by STB rules, and will raise costs for shippers and consumers. The experts writing for UP-NS are Alden Abbott, general counsel of the Federal Trade Commission from 2018-2021, now at George Mason University; Tad Lipsky, Jr., deputy assistant attorney general in the Department of Justice Antitrust Division from 1981-1983 and chief antitrust lawyer at Coca-Cola from 1992-2002, also at George Mason, as is Gregory Werden, former DOJ Antitrust Division economist and lawyer; and Mark Whitener, former global executive counsel for competition law and policy for General Electric and deputy director of the Federal Trade Commission's Bureau of Competition from 1993-1997, now affiliated with Georgetown University. The hundreds of filings for and against the merger carry no legal weight; STB Chairman Patrick Fuchs has made it clear that the deal will stand on its own merits as evaluated by his agency. Fuchs earlier assembled his own team of data scientists from MIT to break down the numbers, and has fiercely defended the STB's independence and decision-making process. The experts also cited case history showing how opponents of mergers are inherently incentivized to protect their own interests, and not necessarily those of the consumer. "Railroad competitors are not disinterested observers of this transaction; they are commercial rivals that presumably stand to lose traffic if the merged UP-NS offers a superior service product," they wrote. "Their opposition should be understood as advocacy by market participants to protect their bottom line - not as objective evidence of likely harm to shippers or the competitive process. "[S]ingle-line integration," they said, "can create a lower-cost, more efficient service that intensifies overall modal rivalry." Read more articles by Stuart Chirls here. Read more: Upcoming FreightWaves Events Compliance Brokerage Compliance Symposium The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry. October 26, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN F3 Awards Dinner The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room. October 26, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN FreightTech F3: Future of Freight Festival Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals. October 27, 2026 - October 28, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN
HAL profit jumps nearly 15% on strong defence execution. India's state-run Hindustan Aeronautics Ltd (HAL) reported a nearly 15% rise in first-quarter profit, supported by strong execution of defence orders and steady progress in project deliveries. The aerospace and defence company posted a June-quarter net profit of ₹15.90 billion ($166.66 million), compared with ₹13.84 billion a year earlier. HAL's revenue from operations increased 14.4% to ₹55.15 billion, while total expenses rose 15.3% to nearly ₹43 billion. Investors responded positively, sending HAL shares up as much as 3% before gains eased, with the stock trading about 1.2% higher after the results. The company is benefiting from growing global demand for military aircraft, missiles, anti-drone systems and other defence equipment amid heightened geopolitical tensions. HAL manufactures aircraft, helicopters, engines, avionics and unmanned aerial vehicles, with its Tejas fighter programme among its key projects. However, the programme has faced delays, partly due to supply-chain issues affecting engine deliveries from U.S. partner General Electric.
There are no jobs for General Electric right now.
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About General Electric
Industries
Industrial & Manufacturing
Energy
Aerospace
Healthcare
Company Size
10,001+
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
1892
There are no jobs for General Electric right now.
Find jobs on Simplify and start your career today