Shares of GE Aerospace soared to levels not seen in nearly two decades on Thursday, after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and ...

The DOD has authorized $3.5B in funding for a next-generation fighter jet engine program pitting GE Aerospace against one of ...

The DOD has outlines a $3.5B program for a next-generation fighter jet engine pitting GE Aerospace against one of its biggest ...

The USAF increased the funding for the development of advanced engines earmarked for sixth-generation fighters, with new ...

The US Air Force (USAF) awarded two contract modifications to General Electric (GE) and Pratt & Whitney (P&W) on 27 January, each raising the financial ceiling on ...

A snapshot of how new, multi-billion-dollar jet engine contracts for the USAF are set to shape the future of US air power.

Chevron CVX2.06%increase; green up pointing triangle, GE Vernova GEV 1.86%increase; green up pointing triangle and investment firm Engine No. 1 said they were forming a joint venture to power ...

(AP Photo/Jeff Chiu, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Energy company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants ...

GE has also received a similar funding ceiling ... According to Pratt and Whitney, its XA100-series engine is at least 25% more efficient than the F135 currently used on the F-35.

GE claimed its XA100 offered 20% more thrust and 30% greater range compared to the F-35’s P&W F135 powerplant. The USAF has since opted to pursue a core upgrade for the F-35’s F135 engine ...