StocksMedium17 August 2026
1 min read

GE Aerospace Stock Gains as GEK800 Engine Secures U.S. Military Contract for JASSM Program

Key Facts

1GE Aerospace and Kratos' GEK800 engine received the U.S. military type designation F143-ZZ-100.
2The engine was selected as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile (JASSM) program.

In a move reflecting the strengthening of its position within the U.S. defense sector, GE Aerospace announced that its GEK800 engine, developed with Kratos, has received the official U.S. military designation F143-ZZ-100. According to reports, the engine has been selected as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile (JASSM) program. Additionally, the company secured an Engineering and Manufacturing Development (EMD) contract for the program.

The selection aims to provide a high-performance, low-cost propulsion alternative for missiles and uncrewed platforms within the U.S. defense infrastructure. This contract is expected to provide long-term revenue visibility for GE Aerospace's defense segment, as the military seeks advanced propulsion technologies to enhance standoff missile capabilities.

Regarding market performance, GE stock stood at $368.38 at the close of August 14, 2026, after reaching a day high of $368.69. With no specific corporate catalysts listed in the upcoming economic calendar, investors will be watching for the stock to maintain its current levels following this military milestone.