Boeing, GE Aerospace Get Qatar Airways Order
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Shares of General Electric (NYSE:GE) were on track for their seventh straight session of gains, as the stock rose more than 2.5% to $229.50 on Thursday. The company gained more than 6% in the past six trading days.
(Reuters) -President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing, GE Aerospace and Etihad Airways, the White House said.
The test campaign of HPT blades and nozzles demonstrated improved durability and fuel efficiency compared to conventional turbine technology.
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GE Aerospace CEO talks Qatar Airways deal: 'Largest widebody engine order in our company's history'GE Aerospace Chairman and CEO Larry Culp discusses the massive deal with Qatar Airways, their relationship with Boeing, how the company will navigate tariffs and more on 'Mornings with Maria.'
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.
Aviation company GE Aerospace says it is now assembling the first GE9X engines that will go into the upcoming Boeing 777X.
This was the stock's fifth consecutive day of gains.