Boeing, GE Aerospace Get Qatar Airways Order
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Shares of General Electric (NYSE:GE) were on track for their seventh straight session of gains, as the stock rose more than 2.5% to $229.50 on Thursday. The company gained more than 6% in the past six trading days.
A massive aircraft order announced during President Trump's Middle East trip could have significant implications for a manufacturing in North Carolina.
The test campaign of HPT blades and nozzles demonstrated improved durability and fuel efficiency compared to conventional turbine technology.
President Donald Trump said the U.S. will develop a new twin-engine fighter jet called the F-55 if the government can “get the right price for it.”
NASHVILLE—The U.S. Army’s plan to end the Improved Turbine Engine Program (ITEP) may not be final, as budget deliberations may extend development of the GE Aerospace T901.
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Qatar Airways committed to acquiring as many as 210 widebody jets in a deal projected to be worth $96 billion, supporting over 150,000 jobs.
Aviation company GE Aerospace says it is now assembling the first GE9X engines that will go into the upcoming Boeing 777X.
This was the stock's fifth consecutive day of gains.