Reported about 10 hours ago
GE Aerospace delivered impressive fourth quarter results, surpassing both revenue and adjusted earnings forecasts. Analyst Jason Gursky noted that this positive performance, along with the improvement in supply chains, indicates a favorable outlook for 2025 for other aerospace companies like Boeing and Transdigm. He emphasized that traffic growth and orders are strong, and while he anticipates modest growth in US defense spending, focus will shift towards military modernization.
Source: YAHOO