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Benzinga
Benzinga
Business
Akanksha Bakshi

GE Aerospace Expands Defense And Semiconductor Partnerships With Kratos, Axcelis

GE Aerospace GE Axcelis NYSE Semiconductor Axcelis Technologies IAM Kratos Defense Security Solutions
Beavercreek,-,May,31,,2024:,Ge,Aerospace,Jet,Engine,Component

GE Aerospace (NYSE:GE) advanced its portfolio this summer with a propulsion partnership with Kratos Defense & Security Solutions (NYSE:KTOS), a new labor agreement with IAM-represented workers, and a semiconductor collaboration with Axcelis Technologies (NASDAQ:ACLS).

In June, GE Aerospace’s Edison Works signed a teaming agreement with Kratos Defense & Security Solutions (NYSE:KTOS) to develop turbofan propulsion systems for unmanned aircraft.

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