On Aug. 6, 2025, New Millennium Group LLC disclosed a purchase of GE Aerospace (GE -0.22%) shares valued at approximately $3.31 million for the period ended June 30, 2025, according to a recent SEC filing.
CINCINNATI , Aug. 6, 2025 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced today that Cathay Pacific has committed to purchasing GE9X engines to power 14 additional Boeing 777-9 aircraft, bringing the airline's total commitment to 35 GE9X powered 777-9s. The deal also includes a service agreement to cover the maintenance, repair, and overhaul of the GE9X engines.
Subscribers to Schaeffer's Weekend Trader options recommendation service received this GE commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
GE Aerospace (GE 1.28%) stock trades up more than 60% year to date, and it's understandable if investors are starting to think it might be overvalued. However, the company's second-quarter earnings just revealed something that strengthens the investment thesis for long-term investors.
GE Aerospace's solid backlog and strong commercial services growth provide robust revenue visibility and a solid foundation for future top-line expansion. The LEAP engine ramp and expanding installed base are set to drive long-term aftermarket and services revenue growth, enhancing profitability. Operational improvements under the FLIGHT DECK model are boosting supply chain efficiency, delivery...
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