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