GE Aerospace CEO Highlights $210B Backlog and Hybrid-Electric Flight as Industry Milestone
GE Aerospace reported strong Q2 results, including a beat on adjusted EPS of $2.02 and raised full-year guidance. The company highlighted its $210 billion backlog in engines and services, driven by Boeing's production rates and commercial order book. A historic hybrid-electric transatlantic flight was presented as evidence supporting the future adoption of next-generation propulsion technologies.
Topics: aviation backlog growth earnings report hybrid-electric propulsion