GE Aerospace in Talks with Pentagon to Boost Drone and Missile Production

GE Aerospace reported a 24.7% surge in first-quarter revenue, driven by robust demand across commercial air travel and military sectors. The company's total backlog has surpassed $210 billion, reinforcing its 75% share of the global engine market. While current earnings per share rose 25% and beat market estimates, the company's 2026 EPS guidance of $7.10–$7.40 fell below analyst consensus, impacting investor sentiment. Management maintained its near-term guidance due to ongoing inflation and geopolitical risks despite the strong service revenue from the FLIGHT DECK program. GE Aerospace remains strategically positioned to capture demand from the U.S. defense budget for drones and advanced systems. The firm continues to target an operating profit of $10 billion for commercial engines by 2026.