Key metrics shifted from a Q1 operating income of $1.0 million to Q2 operating income of $0.1 million, and from net income of $1.9 million in Q1 to a net loss of $0.1 million in Q2. Cash declined from ...
GE Aerospace received a $1.42 billion addition to a previous contract to build engines for the Navy. Under the contract, the jet-engine maker is building 277 turboshaft engines in support of aircraft ...
GE Aerospace has secured a $1.4 billion contract from Naval Air Systems Command for Lots 9–13 of T408 engines for the U.S.