What Happened?
Shares of industrial conglomerate GE Aerospace (NYSE: GE) jumped 3% in the afternoon session after the company announced that its CT7-2E1 engine surpassed 500,000 in-service flight hours.
This achievement highlighted the proven reliability of the engine, which powers Leonardo's AW149 and AW189 helicopter fleets. These helicopters were used globally for a variety of roles, from offshore transport to search-and-rescue operations. The engine was part of the broader CT7/T700 family, which held a record of over 100 million flight hours across all its versions, underscoring its long-term dependability.
After the initial pop the shares cooled down to $301.31, up 3.1% from previous close.
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What Is The Market Telling Us
GE Aerospace’s shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.
The previous big move we wrote about was 6 days ago when the stock gained 4.3% after the company's Marine Engines & Systems division secured orders for eight LM2500 marine gas turbine engines to equip two new U.S. Navy destroyers. The engines were slated for the future USS Intrepid and USS Robert Kerrey, both Flight III Arleigh Burke-class destroyers. Each ship was set to be powered by four LM2500 engines, continuing the propulsion standard used across this class of vessel for more than three decades. The contract win appeared to boost investor confidence in the company's growth prospects. The stock may have also benefited from a broader market trend where investors rotated into industrial stocks.
GE Aerospace is up 78.7% since the beginning of the year, and at $301.31 per share, it is trading close to its 52-week high of $314.28 from October 2025. Investors who bought $1,000 worth of GE Aerospace’s shares 5 years ago would now be looking at an investment worth $3,484.
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