GE Aerospace Defense Segment Revenue Rises 16% to $3.4 Billion

EarningsM&A · PartnershipIndustry Impact 4
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Summary · why it matters

GE Aerospace's Defense & Propulsion Technologies segment grew revenue 16% year over year to $3.4 billion in the second quarter of 2026, with the Defense & Systems business up 11.7% to $2.2 billion and Propulsion & Additive Technologies up 23.4% to $1.2 billion. Recent contract wins include a Republic of Korea Navy deal for 12 LM2500+G4 marine gas turbine engines for its KDDX naval destroyer project, a Defense Innovation Unit contract for a hypersonic test bed under the HyCAT project, and a Turkish Aerospace Industries contract to continue integrating the F404 engine into Türkiye's Hurjet jet trainer. Segment orders rose 12% year over year in the quarter, operating profit grew 18% to $475 million, and the company exited the quarter with a total backlog of $210 billion. For 2026, GE expects Defense & Propulsion Technologies revenue to increase in the low-double-digit range. GE also recently agreed to acquire Consolidated Precision Products from Warburg Pincus and Berkshire Partners for about $11.75 billion, using $7 billion in cash and new debt for the remaining consideration.

Impact on stocks 3

Defense & Geopolitical Fragmentation▲ · 2 stocks
Aerospace & Aviation▲ · 1 stocks
GE Aerospace
GE
▲ PositiveCapitalDemandrelevance

Defense & Propulsion Technologies revenue rose 16% to $3.4B with operating profit up 18% to $475M and a $210B backlog.

Theme Impact 6

Off-coverage companies 4

Berkshire PartnersPrivate± Mixed
relevance

Consolidated Precision ProductsPrivate± Mixed
relevance

Turkish Aerospace IndustriesPrivate± Mixed
relevance

Warburg PincusPrivate± Mixed
relevance

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