GE Aerospace Reports USD 1 Billion Investment in U.S. Manufacturing Amidst Strong Q1 Growth
GE Aerospace reported first quarter 2025 revenue of USD 9.9 billion, an 11% year-over-year increase, with adjusted revenue at USD 9.0 billion. Operating profit rose 38% to USD 2.1 billion, and free cash flow stood at USD 1.4 billion, a 14% decline compared to the same quarter in 2024. The company announced plans to invest nearly USD 1 billion in U.S. manufacturing and technology and to hire approximately 5,000 new workers across its operations.
Commercial Engines & Services generated USD 7.0 billion in revenue for the quarter, growing 14% from the prior year. This was driven by a 17% increase in services revenue, including over 20% growth in spare parts and an 11% rise in internal shop visit revenue. Operating profit from this segment rose to USD 1.9 billion, with a margin of 27.5%.
The Defence & Propulsion Technologies segment reported a 1% increase in revenue to USD 2.3 billion, with operating profit up 16% to USD 296 million. The segment saw growth in propulsion and additive technologies revenue, which offset slower equipment deliveries.
GE Aerospace secured several engine supply agreements, including contracts with ANA Holdings, Malaysia Aviation Group, and Korean Air. It also received a U.S. Air Force contract worth up to USD 5 billion for F110-GE-129 engines.
Product development milestones included the T901 engine powering a Black Hawk helicopter during ground runs and the completion of a design review for the X102 engine. The company also completed a second endurance test on turbine blades under the RISE development program.
To address supply chain constraints, GE Aerospace increased material inputs from priority suppliers by 8% quarter-over-quarter, using its FLIGHT DECK system.
Chief Executive H. Lawrence Culp, Jr. stated, “GE Aerospace had a strong start to 2025 with orders and revenue up double digits, driven by commercial services, and adjusted EPS up 60%... These actions, along with our solid first quarter and commercial services backlog of over USD 140 billion, enable us to maintain our full-year guidance.”
GE Aerospace reaffirmed its full-year 2025 guidance, projecting adjusted revenue growth in the low double digits, operating profit of USD 7.8–8.2 billion, and adjusted EPS between USD 5.10 and USD 5.45.