GE Aerospace, Qatar Airways
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Shares of GE Aerospace GE rallied 2.75% to $229.38 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.41% to 5,916.93 and the Dow Jones Industrial Average DJIA rising 0.65% to 42,322.75. This was the stock's seventh consecutive day of gains.
The T901 is the product of the Army’s Improved Turbine Engine Program (ITEP), slated to replace the existing engines in the UH-60 and AH-64 fleets. Two engines have been delivered to Sikorsky and installed on a Black Hawk.
The White House said Boeing and GE had received a commitment from Etihad Airways to invest $14.5 billion to buy 28 American-made Boeing 787 and 777X aircraft powered by GE engines
The test campaign of HPT blades and nozzles demonstrated improved durability and fuel efficiency compared to conventional turbine technology.
NASHVILLE—The U.S. Army’s plan to end the Improved Turbine Engine Program (ITEP) may not be final, as budget deliberations may extend development of the GE Aerospace T901.
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Qatar Airways committed to acquiring as many as 210 widebody jets in a deal projected to be worth $96 billion, supporting over 150,000 jobs.
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WCIV on MSNBoeing secures historic $96b aircraft deal during Trump's Qatar visit, Graham approvesBoeing and GE Aerospace secured a $96 billion agreement to acquire up to 210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engin
Aviation company GE Aerospace says it is now assembling the first GE9X engines that will go into the upcoming Boeing 777X.