GE Aerospace announced that National Airlines has agreed to purchase one GE90-110B engine and six CF6-80C2 engines to power their Boeing 777F and 747F cargo aircraft. National Airlines already has a strong relationship with GE, operating thirty CF6 engines and eight GE90 engines. This purchase reinforces National Airlines' commitment to GE engines for its cargo fleet, supporting their operational needs with reliable power units. The deal highlights ongoing collaboration between the airline and GE Aerospace in the cargo aviation sector.
The iShares US Aerospace & Defense ETF (ITA) has earned a strong buy rating due to robust growth in the aerospace and defense sectors. Key companies in the ETF, such as GE, RTX, TDG, HWM, and LMT, have surpassed earnings expectations, raised their fu...
The S&P 500 industrials sector is trading at a forward price-to-earnings ratio above 30, significantly higher than its long-term average of around 20, fueled by investments in AI data center infrastructure and defense technology. Massive spending on ...
At the 2026 Farnborough International Airshow, GE Aerospace announced commitments for about 1,800 engines, highlighted by a record-breaking memorandum of understanding with IndiGo for over 1,000 LEAP-1A engines. The company also reported advances in ...
