Player 456
08-14

$GE Aerospace(GE)$  

GE Aerospace emerged from the restructuring of General Electric as a much more focused company built around one of GE's strongest historical businesses: aircraft engines.

Its enormous installed base is particularly valuable. Selling an engine is only part of the economics; maintenance, servicing and replacement parts can generate recurring revenue throughout an aircraft engine's long operating life.

Growing global air travel and large aircraft backlogs should support demand for both new engines and aftermarket services.

Overall: GE Aerospace combines technological leadership, an enormous installed engine base and highly attractive recurring aftermarket economics. It deserves to be considered one of the highest-quality large-cap aerospace businesses.

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