GE Aerospace

GE Aerospace

Supplies aircraft engines and aerospace systems

About GE Aerospace

Simplify's Rating
Why GE Aerospace is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Aerospace

Company Size

10,001+

Company Stage

Grant

Total Funding

$400K

Headquarters

Evendale, Ohio

Founded

1889

Overview

GE Aerospace supplies aircraft engines and related technologies. The company designs and manufactures engines for commercial and military aircraft, providing power and efficiency for a wide range of aviation needs. Their products work by utilizing advanced engineering and materials to create engines that are reliable and fuel-efficient, ensuring optimal performance during flight. Unlike many competitors, GE Aerospace has a long history in the industry, having evolved from the original General Electric Company, which gives it a wealth of experience and expertise. The goal of GE Aerospace is to lead in the aerospace sector by delivering high-quality engines and technologies that enhance the safety and efficiency of air travel.

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • GE Aerospace invests €78 million in European manufacturing, creating 500 jobs in 2025.
  • Korean Air's $32 billion deal includes GE engines, boosting sales and partnerships.
  • The rise of UAM and eVTOL aircraft opens new markets for GE Aerospace.

What critics are saying

  • Emerging competition from Asian manufacturers like China's AECC threatens market share.
  • Geopolitical tensions may delay critical material supplies for engine manufacturing.
  • Airlines' demand for eco-friendly engines pressures GE to accelerate innovation timelines.

What makes GE Aerospace unique

  • GE Aerospace is a legal successor to the original General Electric Company.
  • The company focuses on advanced engine technology and MRO services.
  • GE Aerospace collaborates with leading airlines like Korean Air for fleet modernization.

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Funding

Total Funding

$400k

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Parental Leave

Adoption Assistance

Relocation Assistance

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

37%

2 year growth

5%
Montreal Gazette
Apr 8th, 2025
CTS Engines Selected by GE Aerospace as Offload Partner to Support CF6-80E1 Engine Maintenance

CTS Engines, a leading independent provider of mature engine MRO services, has been selected by GE Aerospace as an official offload partner to provide maintenance, repair, and overhaul support for the CF6-80E1 engine, which powers the Airbus A330.

Aerospace Testing International
Mar 31st, 2025
GE Aerospace to invest €78m at European sites

Last year GE Aerospace made a €64 million investment in manufacturing and a €122 million investment in Maintenance, Repair, and Overhaul (MRO) and component repair facilities in Europe.

PR Newswire
Mar 31st, 2025
Ge Aerospace Awarded Subcontract For Next Phase Of Future Long Range Assault Aircraft

Time Sensitive Networking-based Digital Backbone enables U.S. Army's high-speed data infrastructure. CINCINNATI, March 31, 2025 /PRNewswire/ -- GE Aerospace was awarded a subcontract as part of a team led by Bell Textron Inc., a Textron Inc. company, to design, develop and deliver avionics systems for the United States Army's Future Long Range Assault Aircraft (FLRAA) program. This award follows Bell's announcement of the U.S. Army's approval of Milestone B, marking the next phase of Engineering and Manufacturing Development (EMD)

Turbomachinery Magazine
Mar 27th, 2025
GE Aerospace Invests €78M in European Commercial, Defense Manufacturing

Throughout 2025, GE Aerospace will invest approximately €78 million across its European manufacturing locations, creating more than 500 jobs, expanding overall capacity and facilities, and supporting the scale-up of next-generation, advanced components.

PR Newswire
Mar 26th, 2025
Korean Air Selects Ge Aerospace Engines To Power New 787-10S And 777-9S

CINCINNATI, March 26, 2025 /PRNewswire/ -- GE Aerospace (NYSE:GE) announced today that following Korean Air's agreement to purchase 20 Boeing 777-9s and up to 30 787-10s, the airline has placed an order for GEnx and GE9X engines to power its new aircraft. "We're grateful for the Korean Air team putting its trust in us again," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace. "Today's order represents the next chapter in our long-standing partnership with Korean Air and reaffirms our commitment to support their successful fleet upgrade and expansion."

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