GE Aerospace

GE

US3696043013

Consumer Goods Conglomerates

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			After market 07:59:12 pm
162.4 ^USD	+0.68%		163.2	+0.50%

Apr. 26	Portland General Electric's Q1 Earnings, Revenue Rise; 2024 Adjusted Net Income Outlook Reaffirmed	MT
Apr. 26	North American Morning Briefing : Tech Still in -2-	DJ

GE: contract to equip 6 vessels for the Singapore Navy

March 18, 2024 at 06:01 am EDT

GE announced today that GE Vernova's Power Conversion business has been awarded a contract by Singapore shipbuilder ST Engineering Marine Limited to supply Integrated Full Electric Propulsion (IFEP) equipment for six Multi-Role Combat Vessels (MRCVs) of the Singapore Navy.

The six MRCVs will be the Republic of Singapore's (RSN) first IFEP-powered vessels, and will replace its fleet of mechanically-powered Victory-class missile corvettes, in service since 1989.

Delivery of the electric propulsion systems for the new vessels is scheduled to take place over the next 10 years.

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	GE AEROSPACE	162.4 USD	+0.68%	+9.65%	178B
	SINGAPORE TECHNOLOGIES ENGINEERING LTD	4.04 SGD	0.00%	+2.28%	9.25B

Latest news about GE Aerospace

Portland General Electric's Q1 Earnings, Revenue Rise; 2024 Adjusted Net Income Outlook Reaffirmed	Apr. 26	MT
North American Morning Briefing : Tech Still in -2-	Apr. 26	DJ
Diebold Nixdorf Names Thomas Timko Chief Financial Officer	Apr. 26	MT
Safran posts higher Q1 revenue, keeps financial targets	Apr. 26	RE
GE Vernova reports wider-than-expected Q1 loss in first post-spinoff results	Apr. 25	RE
Kering shareholders approve three new board members	Apr. 25	RE
GE Vernova: orders stable, targets confirmed	Apr. 25	CF
The specter of stagflation rears its ugly head again	Apr. 25
President Capital Management Adjusts Price Target on GE Aerospace to $178 From $156	Apr. 25	MT
Citigroup Adjusts GE Aerospace Price Target to $186 From $96.05	Apr. 25	MT
GE Vernova Posts 1Q Loss, Backs 2024 Revenue View	Apr. 25	DJ
ANALYST RECOMMENDATIONS : Meta Platforms, UPS, Boeing, Chipotle, Dell Technologies...	Apr. 25
BofA Securities Raises GE Aerospace's Price Target to $180 from $165	Apr. 24	MT
US Aerospace and Defense Earnings a "Positive Read Through for CAE," RBC Says	Apr. 24	MT
RBC Raises Price Target on GE Aerospace to $175 From $165, Keeps Outperform Rating	Apr. 24	MT
Deutsche Bank Raises GE Aerospace's Price Target to $195 From $190	Apr. 24	MT
Argus Raises GE Aerospace's Price Target to $180 From $170	Apr. 24	MT
Vertical Research Adjusts General Electric's Price Target to $180 From $160, Maintains Buy Rating	Apr. 24	MT
Wolfe Research Adjusts General Electric's Price Target to $180 From $162, Maintains Outperform Rating	Apr. 24	MT
Goldman Sachs Adjusts General Electric's Price Target to $211 From $190, Maintains Buy Rating	Apr. 24	MT
Utilities Up as Rotation Into Sector Continues -- Utilities Roundup	Apr. 23	DJ
Industrials Advance After GE Aerospace Earnings -- Industrials Roundup	Apr. 23	DJ
News Highlights : Top Company News of the Day - Tuesday at 5 PM ET	Apr. 23	DJ
News Highlights : Top Company News of the Day - Tuesday at 7 PM ET	Apr. 23	DJ
News Highlights : Top Company News of the Day - Tuesday at 3 PM ET	Apr. 23	DJ

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Company Profile

GE Aerospace (formerly General Electric Company) is a diversified group organized around 3 areas of activity: - manufacturing of aircraft engines and avionics systems (48.2% of net sales); - manufacturing of energy production equipment (46.8%): oil and gas equipment, turnkey plants, gas turbines, wind turbines, etc.; - other (5%). Net sales are distributed geographically as follows: the United States (42.8%), America (7.4%), Europe (23%), China (5.7%), Asia (10.3%), Middle East and Africa (10.8%).

Sector

Consumer Goods Conglomerates

Calendar

2024-05-07 - Annual General Meeting

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S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

GE CEO Culp Says Vernova Spinoff Was an Easy Decision

March 07, 2024 at 04:07 pm EST

General Electric Company : New lives

January 25, 2024 at 10:18 am EST

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Ratings for GE Aerospace

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

162.4 USD

Average target price

177.5 USD

Spread / Average Target

+9.32%

Consensus

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Quarterly earnings - Rate of surprise

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Sector Consumer Goods Conglomerates

	1st Jan change	Capi.
GE AEROSPACE	+27.20%	178B
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Consumer Goods Conglomerates

GE Aerospace

Equities

GE

US3696043013

Consumer Goods Conglomerates

GE: contract to equip 6 vessels for the Singapore Navy

Stocks mentioned in the article

EPS Revisions