GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
Lockheed Martin said on Wednesday that it has received a $270 million U.S. Air Force contract to integrate the Infrared Defensive System (IRDS) on the company’s fifth-generation F-22 Raptor fighter.
GE Aerospace operates in a highly competitive but lucrative sector, providing commercial engines and aviation services that are essential for airlines worldwide. Its primary revenue comes from the ...