Full-Time
American aircraft engine supplier and manufacturer
No salary listed
Clearwater, FL, USA
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GE Aerospace designs and manufactures jet engines and systems for commercial and military aircraft while providing global maintenance and repair services. These engines work by compressing air, mixing it with fuel for combustion, and using the resulting high-pressure gas to spin turbines that generate thrust. The company distinguishes itself through a massive global service network and a vast installed base of engines that allows for extensive data collection and specialized lifecycle support. Its goal is to provide reliable propulsion and maintenance solutions that define the future of flight for airlines and defense forces worldwide.
Company Size
10,001+
Company Stage
Debt Financing
Total Funding
$1B
Headquarters
Evendale, Ohio
Founded
1889
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GE Aerospace stock has risen 33.4% over the past year, outpacing the S&P 500's 20.6%. However, the company faces margin pressures from engine investments that are not expected to ease until 2028. In Q2 2026, Commercial Engines & Services margin fell 160 basis points to 27.3%, driven by installed engine growth and GE9X investments. Management expects these losses to peak by 2028, when LEAP services margins should align with the total services portfolio. Supply constraints also pose challenges. Spare parts delinquencies grew 20% sequentially in Q2 2026, despite sales rising over 25% year-over-year. Management cited supply, not demand, as the limiting factor. The stock's 7.3 price-to-sales multiple sits at the 95th percentile of its 10-year range, leaving little room for execution errors.
Cognition CEO denies claim that SpaceX tried to buy AI firm. August 20, 2026 CEO Scott Wu has disputed the claim that Elon Musk's SpaceX attempted to acquire AI coding startup Cognition, adding that no such talks took place Elon Musk's SpaceX attempted to acquire AI coding startup Cognition in an attempt to catch up with OpenAI, Anthropic and Google during the AI race, according to industry sources familiar with the matter. However, Cognition CEO Scott Wu disputes this claim, saying that the story was inaccurate and that Cognition is "not for sale". He adds that Cognition at no point had been in talks with SpaceX. SpaceX's claim comes just a few days after it acquired AI coding startup Cursor for US$60bn, a deal which was recently completed. The aerospace company also acquired Elon's own company xAI earlier this year and recently, SpaceX went public with its IPO. When the company was listed on the Nasdaq stock exchange, it was valued at a record-breaking US$2.2tn, making it the largest IPO in history. SpaceX's acquisition strategy. SpaceX's interest in acquiring a company like Cognition is unsurprising. AI-assisted coding has become one of the most lucrative ways to monetise AI technologies. Anthropic's rise, partly fuelled by Claude Code's success, is proof of that. SpaceX's acquisition of Cursor shows the aerospace company has set its sights on matching Anthropic's industrial growth. Recently, Cursor and SpaceX jointly released Grok 4.6, a new model that scores higher on coding benchmarks and complex multi-step agentic tasks. Had SpaceX acquired Cognition and its coding agent Devin, it would have found another way to further its push into the AI coding boom and enhanced its position as a competitor for enterprise customers. Industry reports say the deal talks are no longer happening, but that both SpaceX and Cognition are still discussing the possibility of working together. It's possible Cognition could use SpaceX's computing capacity, which SpaceX is currently selling to other AI players like Anthropic until SpaceX requires that capacity for its own operations. Cognition has previously partnered with other large firms, including Mercedes-Benz Group AG and GE Aerospace. Business relationships like these could prove valuable to SpaceX, potentially bringing in new customers from other industries. Scott did not address Cognition's existing relationship with SpaceX when disputing the acquisition claims. [Cognition's US$1bn financing "allows Business Chief to stay independent and continue as an independent business, which is really important for Business Chief. Scott Wu, CEO of Cognition * SpaceX recently acquired AI coding startup Cursor for US$60bn * When SpaceX was listed on the Nasdaq stock exchange, it was valued at a record-breaking US$2.2tn, making it the largest IPO in history * Cognition is currently valued at US$26bn, and in May raised a US$1bn round at a US$25bn post-money valuation * Windsurf CEO Varun Mohan was acqui-hired by Google DeepMind in a US$2.4bn deal for talent and licensing rights * Following its acquisition of Windsurf, Cognition laid off 30 employees and offered buyouts to the remaining 200 Windsurf employees No interest in selling the business. Cognition - currently valued at US$26bn - remains one of the world's largest independent AI software coding startups that hasn't been acquired by a major AI model firm. In May, the firm raised a US$1bn round at a US$25bn post-money valuation and is currently in talks for a new round of funding at a US$40bn valuation. Last year, Cognition gained traction in the AI industry following its acquisition of remaining assets from competitor firm Windsurf. The then Windsurf CEO, Varun Mohan, was acqui-hired by Google DeepMind in a US$2.4bn deal for talent and licensing rights. Following the acquisition, Cognition laid off 30 employees and offered buyouts to the remaining 200 Windsurf employees. The employees who remained faced strict operational expectations, including a more than 80-hour workweek and a total of six working days in the office. Discussing the firm's work and business strategies, Scott says he has no interest in selling the business, adding that its US$1bn financing allows the firm to "stay independent and continue as an independent business". Cognition's key partners. * SpaceX: Founded by Elon Musk in 2002, SpaceX is an American aerospace and space technology company headquartered in Hawthorne, California. The company designs, manufactures and launches rockets and spacecraft, with the long-term goal of enabling human life on Mars. SpaceX is also known for its Starlink satellite internet service and has become one of the world's most valuable private companies, recently going public on the Nasdaq stock exchange. * Mercedes-Benz: A German multinational automotive company headquartered in Stuttgart, Germany and headed by Ola Källenius, Mercedes-Benz is one of the world's oldest and most recognised luxury car manufacturers. The firm produces a wide range of vehicles, including passenger cars, vans and trucks, and has been increasingly investing in electric vehicle technology. The company operates under the Mercedes-Benz Group AG umbrella and is listed on the Frankfurt Stock Exchange. * GE Aerospace: A division of General Electric, GE Aerospace is one of America's oldest and most established industrial conglomerates. The company, headed by Larry Culp, specialises in designing and manufacturing jet engines and aviation systems for both commercial and military aircraft. GE Aerospace became an independent publicly traded company in 2024 following General Electric's decision to split into separate entities. It is considered one of the world's leading aerospace companies, supplying engines to major airlines and defence organisations globally. * Cognizant: An American multinational IT services and consulting company headquartered in Teaneck, New Jersey. Founded in 1994, the company provides a range of technology services including digital transformation, cloud computing, artificial intelligence and software development. Cognizant, led by Ravi Kumar S, serves clients across a wide range of industries, including healthcare, financial services and manufacturing. It is listed on the Nasdaq stock exchange and is considered one of the world's largest IT services firms, employing hundreds of thousands of people globally. Company Portals
SpaceX set its sights on another AI company: it attempted to acquire Cognition, valued at US$26 billion. Elon Musk's company recently completed the purchase of Cursor for US$60 billion, as it seeks to expand its AI capabilities and gain ground against its competitors. By Natasha Mascarenhas - Ed Ludlow - Rebecca Torrence August 20, 2026 | 01:02 AM Bloomberg - According to sources familiar with the matter, SpaceX (SPCX) contacted the artificial intelligence programming startup Cognition AI Inc. to explore a possible acquisition, which would have been its second major acquisition deal in recent months to gain ground in the race for artificial intelligence. Cognition did not respond to the acquisition proposal, according to one of these people. Conversations are being held about a possible collaboration, which would include the possibility that Cognition uses SpaceX's computing capacity, according to these people, who spoke on condition of anonymity, as the information is not public. Cognition was valued at US$26 billion in a funding round held in May and has held preliminary conversations with investors to obtain new financing at a valuation of at least US$40 billion, according to Bloomberg News. Neither SpaceX nor Cognition responded to requests for comments. In a social media post on Wednesday in response to Bloomberg's information, Cognition's CEO, Scott Wu, stated that his company "is not for sale and we have not held conversations." This strategy highlights Musk's willingness to make large investments to compete in the field of AI. SpaceX recently completed the acquisition, valued at US$60 billion, of Cursor, a fast-growing startup and key player in the era of 'intuitive programming' in the technology sector. Cognition similarly focuses on helping to automate engineering tasks. Musk's company has been working on developing more advanced AI tools to optimize tasks, including programming. Musk's AI initiative, now known as SpaceXAI, has lagged behind the competition in terms of sales to businesses, and has carried out a series of staff cuts and restructurings. Growth in the AI field is a fundamental pillar of Musk's strategy for SpaceX, which has transformed into a conglomerate of rockets, satellite communications, and computing, driven by its historic initial public offering this summer. Founded in 2023, Cognition's flagship product is an AI agent called Devin, designed to automate engineers' programming process. SpaceX's interest in Cognition was not only due to its technology, but also its business evolution, according to some of the people consulted. According to its website, Cognition has partnered with several large companies, including Mercedes-Benz Group AG and GE Aerospace. Its business relationships could help reinforce SpaceXAI's appeal to potential clients. Wu has previously been firm, both publicly and in conversations with investors, that he is not interested in selling the company. He told Bloomberg in May that his US$1 billion funding "allows us to maintain our independence and continue as an independent company, which is really important to us." With the collaboration of Ryan Gould. Read more on Bloomberg.com
Kratos Defense & Security Solutions and GE Aerospace have announced that their GEK800 engine has received the US military designation F143-ZZ-100 and secured an Engineering, Manufacturing and Development contract from the US Air Force. The engine will serve as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile (JASSM). The F143 is an 800-lb thrust turbofan designed for long-range missiles and uncrewed platforms. Kratos and GE Aerospace began collaborating in 2023, completing a Technology Maturation and Risk Reduction phase. The joint team has completed over 50 engine ground tests at company facilities and successfully conducted altitude testing at Purdue University's Maurice J. Zucrow Laboratories in 2025. The programme aims to deliver small, low-cost, high-performance engines for cruise missiles and uncrewed aerial vehicles.
GE Aerospace is struggling to meet overwhelming demand despite record revenue. Spare parts delinquencies increased last quarter due to material shortages, indicating the company's production capacity cannot keep pace with orders. The company's commercial services backlog stands at roughly $170 billion. This recurring revenue stream is the primary value driver for the stock. Under conservative assumptions, GE Aerospace's revenue could compound at 17.4% annually over three years, growing from $50.6 billion to $81.9 billion. Net margins are projected to improve from 17.7% to 18.3%, whilst the P/E multiple is expected to compress from 42.3x to 32.2x. A newly certified LEAP-1B durability kit could serve as a catalyst, potentially delivering a twofold improvement in time on wing and reshaping the aftermarket revenue profile.