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Valued at $176.6 billion by market cap, Evendale, Ohio-based GE Aerospace (GE) is an aircraft engine supplier operating in the aerospace propulsion, services, and systems sector. The company manufactures commercial and defense aircraft engines, integrated engine components, and mechanical aircraft systems and partners with other companies to serve markets worldwide.
Companies valued at $10 billion or more are generally considered "large-cap" stocks, and GE Aerospace fits this criterion perfectly, exceeding the mark. GE Aerospace is distinguished in the market for its dominant global presence and robust revenue generation, driven by the production and servicing of nearly 70,000 commercial and military engines and bolstered by strategic partnerships such as the highly successful CFM International joint venture with Safran.