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GE United Engine Deal Deepens Growth Story For Aerospace Revenues
GE Aerospace has secured a significant deal with United Airlines to supply 300 GEnx engines for its Boeing 787 Dreamliner fleet, making United the largest global GEnx operator. This agreement not only strengthens the existing relationship between the companies but also underscores GE’s strong performance, with its stock up 57.5% over the past year. The deal is expected to contribute to GE Aerospace’s long-term revenue, particularly through recurring maintenance and services, reinforcing the company’s focus on cash flow and expanding its installed engine base.