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GE Aerospace Wins Key Air Force Deals As Valuation Stays Stretched
GE Aerospace recently secured new U.S. Air Force contracts for its GEK1500 engine development for unmanned aerial systems and expanded its work with Palantir Technologies on defense logistics. Concurrently, the company landed a significant commercial order from United Airlines for GEnx engines, though it flagged supply chain risks tied to rare earth materials. Despite a stretched valuation, these strategic wins and partnerships are critical for investors to watch, especially considering GE’s multi-year stock gains.