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General Electric (GE) Is Up 8.8% After New Aerospace Engine Wins And Space Deals - Has The Bull Case Changed?
General Electric (GE) has seen an 8.8% increase following new aerospace engine wins and space deals, including a partnership with Starfighters Space and a significant order from United Airlines for GEnx engines. These developments expand GE Aerospace’s presence across commercial, defense, and emerging space propulsion markets, aligning with their core strategy of durable engine and service franchises supported by strong earnings and cash generation. While these wins reinforce the existing investment narrative, especially the defense contract with Kratos, investors are cautioned about ongoing supply chain strains and inflation risks that could impact future performance.