GE Aerospace won USD 113 million Navy contract: GE Aerospace stock falls 1.89 percent

Published on 10/08/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Navy contract value was USD 113 million on October 1, 2026. GE Aerospace stock costs EUR 266.15 on October 8, 2026 after EUR 271.28, minus 1.89 percent.

Makro-Detailaufnahme einer irisierenden Turbinenschaufel mit Kühlbohrungen, GE Aerospace US3696043013 — GE Aerospace US3696043013 Makroaufnahme einer irisierenden Turbinenschaufel aus Nickelsuperlegierung mit feinen Kühlbohrungen, Illustration mit AI erstellt.

GE Aerospace (ISIN US3696043013) was trading at EUR 266.15 at Lang & Schwarz on October 8, 2026 at 3:44 p.m. CEST, down 1.89 percent versus the prior close of EUR 271.28. The company had won a USD 113 million Navy contract on October 1, 2026, according to Investing.com.

Three events shape the story

On July 16, 2026, GE Aerospace reported diluted earnings per share of USD 2.26 for the second quarter, compared with USD 1.81 in the first quarter, while revenue reached USD 13.35 billion, up from USD 12.39 billion in the first quarter, according to MarketBeat.

On September 22, 2026, GE Aerospace added one director, Judson Althoff, to its board, as listed by Investing.com. The October 1 Navy contract added a USD 113 million defense order to that recent sequence of company developments, according to the same outlet.

What does the contract add?

The USD 113 million award expands GE Aerospace's defense support activity and gives the market a concrete contract figure ahead of the next earnings report. The second-quarter figures show the scale investors will compare against the new order: revenue rose by USD 0.96 billion from the first quarter, while diluted earnings per share increased by USD 0.45, based on the figures reported by MarketBeat.

Earnings and dividend dates

GE Aerospace's next earnings report is scheduled for October 20, 2026, according to Investing.com. The company is scheduled to pay a USD 0.47 quarterly dividend on October 26, 2026, with the record date listed as October 5, 2026, according to MarketBeat.

GE stock trades at EUR 266.15

GE Aerospace was trading at EUR 266.15 at Lang & Schwarz on October 8, 2026 at 3:44 p.m. CEST, down 1.89 percent versus the Lang & Schwarz prior close of EUR 271.28 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of GE Aerospace stock.