In November, the aircraft engine will mark 25 years in service. "We expect the stock narrative to change from significant cash drag to successful transformation," Mittermaier added. ... July 28, 2020 LYNN, MA – GE Aviation’s T700 turboshaft engine has been chosen by the Kingdom of Morocco to power its new Defense fleet of Boeing AH-64E Apache attack helicopters.
If you are a member of the press and have additional questions, please GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, as well as integrated systems for commercial, military, business and general aviation aircraft. Morocco will acquire 48 T700—701D engines and two spares as part of a recent contract announcement for 24 Apache helicopters.AiRXOS, a leading provider of Unmanned Traffic Management (UTM) solutions, today announced the commercial availability of a new Unmanned Aircraft Systems (UAS) solution for Public Safety agencies.
Upside for General Electric shares should be driven by successful deleveraging, UBS analyst Markus Mittermaier said. Follow GE Aviation on Other News & Information.
The Public Safety UAS Solution provides a comprehensive, single source platform with safety and operational tools and services built-in, allowing Public Safety agencies to fly quickly and with full Situational Awareness of manned and unmanned operations. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. © 2000-2020 Investor's Business Daily, Inc. All rights reservedCheck out this free infographic for 9 buying and selling rules that help you trade like a pro!Leaderboard’s Free Access week was a hit, so we’re offering one more month for only $29!We want to know which financial companies you trust. ... News. GE | Complete General Electric Co. stock news by MarketWatch. The information and content are subject to change without notice. GE Follow 564.95K followers General Electric Company | NYSE. Realtime quote and/or trade prices are not sourced from all markets.Ownership data provided by Refinitiv and Estimates data provided by FactSet.
He rated GE stock a buy with a price target of 14. UBS expects GE earnings per share to grow 12% in 2020 and 29% in 2021, with industrial free cash flow seen tripling to about $2.3 billion next year, led by the core aviation and health care units.Analysts covering GE stock on average foresee 10% EPS growth for 2020, according to Refinitiv data. GE Aviation’s massive GE90 engine has surpassed 100 million flight hours. Under the wings of the Boeing 777 family, the GE90 engine reached the 100-million-hour mark averaging more than 4 million hours a year. Agenda.ge, 16 Jul 2020 - 16:00, Tbilisi,Georgia Georgia is inviting foreign citizens to travel to Georgia, and work and run their businesses from the … General Electric (GE) closed the most recent trading day at $7.06, moving +0.28% from the previous trading session. Among rival industrial conglomerates, Dow Jones component UBS is especially bullish about the outlook for GE Aviation. The firms sees growth in both commercial and military sales, driving aviation free cash flow up 57% to $6.6 billion over the next six years.Service contracts for Leap engines alone should generate $3 billion in cash, Mittermaier said.In June, GE Aviation booked a record $50 billion in orders at the Paris Air Show, lifted by the new, fuel-efficient Leap-1A engines.Get instant access to exclusive stock lists, expert market analysis and powerful tools with 5 weeks of IBD Digital for only $5!Get market updates, educational videos, webinars, and stock analysis.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Find the latest General Electric Company (GE) stock quote, history, news and other vital information to help you with your stock trading and investing. GE earnings sank 30% in 2017 and cratered 38% in 2018 and are seen falling 6% in 2019, which CEO Larry Culp has called a turnaround year. PR Archive by Year.
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