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GE Aerospace Reports Strong Q3 2025 with Raised Full Year Outlook

GE Aerospace delivers 24% revenue growth and raises 2025 guidance on strong commercial and defense demand.

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GE Aerospace Soars with Exceptional Third-Quarter Performance

GE Aerospace has reported a standout third quarter for 2025, delivering financial results that significantly surpassed market expectations. The performance underscores a period of robust demand across both commercial and defense aviation sectors, signaling strength not only for the company but for the broader aerospace industry. With substantial year-over-year growth in revenue, profits, and cash flow, the quarter reflects a combination of strategic operational execution and favorable market conditions. This strong showing has solidified investor confidence, leading to a positive market reaction and an upward revision of the company’s financial outlook for the full year.

The impressive results are a testament to the company’s focused strategy following its evolution into a standalone aerospace entity. The consistent growth trajectory highlights the successful implementation of its proprietary lean operating model, FLIGHT DECK, which emphasizes continuous improvement and customer-centric solutions. As the industry continues to navigate post-pandemic recovery and growing geopolitical demands, GE Aerospace’s ability to ramp up production and services effectively positions it as a key player. The reported figures provide a clear, data-driven narrative of a company capitalizing on strong market fundamentals and internal efficiencies to achieve remarkable growth.

Dissecting the Financials: A Quarter of Record Growth

The third-quarter financial report from GE Aerospace paints a picture of comprehensive and robust growth. The company announced total revenues of $12.2 billion, a 24% increase compared to the same period in the previous year, with adjusted revenue climbing 26% to $11.3 billion. This performance comfortably exceeded Wall Street forecasts, which had anticipated total revenue around $10.9 billion. The profitability metrics were equally impressive, with a GAAP profit of $2.5 billion, marking a 33% year-over-year rise, and an operating profit of $2.3 billion, up 26%.

A standout figure in the report was the earnings per share (EPS). Continuing EPS reached $2.04, a 31% increase, while the adjusted EPS saw a significant 44% jump to $1.66. This result was well above the analyst consensus of $1.47 per share. The strong earnings were supported by healthy cash generation, as cash from operating activities grew by 34% to $2.6 billion, and free cash flow increased by 30% to $2.4 billion. These numbers reflect not just higher sales, but also efficient management of operations and working capital, culminating in what the company described as over 130% free cash flow conversion.

The market’s reaction to the earnings announcement was immediate and positive, with GE Aerospace’s stock reaching a record high. This surge reflects strong investor confidence in the company’s current performance and future prospects. The consistent outperformance is attributed to the successful execution of its operational strategies and its ability to meet the surging demand in the aviation sector. The company’s ability to increase output, particularly in its engine deliveries, has been a critical factor in achieving these results.

“GE Aerospace delivered an exceptional quarter with revenue up 26%, EPS up 44%, and more than 130% free cash flow conversion. Given the strength of our year-to-date results and our expectations for the fourth quarter, we’re raising our full-year guidance across the board.”, H. Lawrence Culp, Jr., Chairman and CEO of GE Aerospace

Powering Commercial and Defense Aviation

The growth was broad-based, with both of GE Aerospace’s primary business segments delivering strong results. The Commercial-Aircraft Engines & Services (CES) division reported a 27% increase in revenue. This was driven by a 28% growth in services, including a 33% rise in internal shop visit revenue, and a 22% increase in equipment revenue. The operating profit for the CES segment grew by 35%, benefiting from higher services volume and favorable pricing. This performance highlights the continued recovery and strength in commercial air travel, leading to increased demand for both new engines and maintenance services. The company also noted record deliveries for its LEAP engines, which were up 40% year-over-year.

On the Military-Aircraft side, the Defense & Propulsion Technologies (DPT) segment also posted impressive figures. The DPT segment saw a 26% increase in revenue and a remarkable 75% surge in operating profit. This significant profit growth was attributed to higher volume, favorable customer mix, and improved pricing, which more than offset investments and inflationary pressures. The results underscore the robust demand in the defense sector, driven by global security concerns and military modernization programs. The company also highlighted key advancements, including the completion of its first supersonic test campaign in flight.

The strong performance across both segments demonstrates a well-balanced and resilient business model. The company has secured significant new engine Orders, including large commitments from major Airlines like Korean Air and Cathay Pacific, ensuring a strong future revenue pipeline. Furthermore, strategic initiatives, such as a new Partnerships with BETA Technologies to co-develop a hybrid electric turbogenerator, signal a commitment to innovation and future flight technologies. These efforts in both current execution and future-focused development are key to sustaining momentum.

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Future Outlook and Raised Expectations

Buoyed by the exceptional year-to-date performance, GE Aerospace has confidently raised its full-year guidance for 2025. The company now projects adjusted revenue growth to be in the high-teens, an upgrade from the previous forecast of mid-teens. This optimistic outlook is a direct result of the sustained strong demand and the company’s demonstrated ability to increase output across its business segments. The forecast for profitability has also been revised upwards, with operating profit now expected to be in the range of $8.65 billion to $8.85 billion.

The adjusted EPS forecast has been increased to a range of $6.00 to $6.20, up from the prior range of $5.60 to $5.80. Furthermore, the company anticipates free cash flow to be between $7.1 billion and $7.3 billion. This revised guidance sends a strong signal to the market about the company’s confidence in its operational capabilities and the durability of the current market upcycle. The ability to raise guidance across all key metrics reflects a deep-seated belief in continued operational execution and favorable market dynamics through the end of the year and beyond.

FAQ

Question: What were the main highlights of GE Aerospace’s Q3 2025 results?
Answer: GE Aerospace reported a 24% increase in total revenue to $12.2 billion, a 33% rise in GAAP profit to $2.5 billion, and a 44% increase in adjusted EPS to $1.66, all of which surpassed market expectations.

Question: How did GE Aerospace’s main business segments perform?
Answer: The Commercial Engines & Services (CES) segment saw revenue grow by 27%, while the Defense & Propulsion Technologies (DPT) segment’s revenue increased by 26%. The DPT segment’s operating profit saw a significant 75% rise.

Question: Did GE Aerospace update its financial forecast for 2025?
Answer: Yes, the company raised its full-year guidance. It now expects adjusted revenue growth in the high-teens and adjusted EPS to be between $6.00 and $6.20.

Sources: GE Aerospace

Photo Credit: GE Aerospace

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Training & Certification

Utah State University Advances Aviation Training with Simulators and Drones

Utah State University updates aviation curriculum with 737 simulators and drone tech to meet pilot shortages and industry demands.

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This article summarizes reporting by Utah State Magazine and Shelby Ruud.

From Virtual Cockpits to Cherry Orchards: How USU Aviation Meets Industry Demand

The aviation industry is currently navigating a period of intense transformation, driven by a historic workforce shortage and rapid technological advancements. According to reporting by Utah State Magazine, Utah State University (USU) has overhauled its aviation curriculum to address these challenges directly. By integrating advanced flight simulators and unmanned aerial systems (drones) into their training, the university aims to produce graduates who are not just qualified, but “overprepared” for the high-stakes environment of professional aerospace.

As detailed in the report by Shelby Ruud, the program focuses on bridging the gap between textbook theory and the unforgiving reality of flight operations. With major industry players forecasting a massive need for new personnel, the university’s approach highlights a shift toward immersive, scenario-based learning.

High-Tech Training for High-Stakes Careers

The core of the university’s modernized approach lies in its adoption of state-of-the-art simulation technology. Utah State Magazine reports that the program has moved beyond traditional instruction to utilize equipment that mirrors the commercial environment. This includes a fleet of Diamond DA-40 and DA-42 aircraft equipped with “glass cockpits”, digital avionics systems that replicate those found in modern airliners.

The 737 Simulator Experience

A focal point of the training upgrades is the installation of two 737 jet simulators. These devices are constructed from the actual cockpits of retired commercial-aircraft and feature functioning avionics. According to the source article, the simulators utilize a 220-degree wraparound display to create a fully immersive visual environment.

Instructors emphasize that these tools allow students to experience dangerous scenarios, such as severe weather or engine failure, that cannot be safely practiced in a real airplane. In the original article, Aaron Whittle, an aviation instructor at USU, explained the value of this realism:

“We’re training students with equipment that mimics exactly what they’ll see in the real world. The movements are real. The scenarios are real.”

— Aaron Whittle, via Utah State Magazine

Captain Parry “Pee Wee” Winder, Director of the Jet Training Program, also noted in the report that the visual fidelity is so high that students feel as though they are sitting on a runway in Salt Lake City.

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Drones and Precision Agriculture

Beyond traditional piloting, the university is leveraging its aviation expertise to solve agricultural challenges through its AggieAir program. The report highlights a collaboration between the aviation department and the Plants, Soils, and Climate Department to monitor tart cherry orchards, a major industry in Utah.

Instead of manual inspections, researchers use drones equipped with multispectral cameras to scan orchards. These sensors can detect drought stress and nutrient deficiencies across thousands of trees in minutes. Professor Brent Black, who leads the project, told Utah State Magazine that this technology offers a perspective previously unavailable to farmers.

“We can look at the orchard in ways we simply couldn’t before… see things you’d never notice walking the rows.”

— Brent Black, via Utah State Magazine

This application of “precision agriculture” allows for targeted water and fertilizer use, demonstrating the versatility of aviation technology beyond transport.

Addressing the Global Pilot Shortage

The urgency of these training programs is underscored by industry forecasts. Data cited in the research accompanying the report points to the Boeing Pilot & Technician Outlook (2025-2044), which projects a global demand for over 600,000 new pilots and 700,000 technicians over the next two decades. This shortage is driven largely by a wave of mandatory retirements at major airlines.

Industry Partnerships

To ensure graduates can step directly into these roles, USU has established direct career pathways. The report notes a partnership with SkyWest Airlines, which offers students tuition reimbursement of up to $15,000 and a guaranteed final interview. Similarly, the Maintenance Management program collaborates with Delta Air Lines TechOps, providing curriculum guidance and potential hiring opportunities for graduates.

AirPro News Analysis

The integration of commercial-grade simulators at the university level represents a significant shift in pilot training economics. Historically, pilots often gained experience in older, analog aircraft before transitioning to complex jets at the regional airline level. By introducing “glass cockpit” avionics and 737-specific procedures early in the curriculum, programs like USU’s are effectively reducing the training burden on airlines.

Furthermore, the cross-disciplinary work with drones suggests that aviation programs are diversifying their value proposition. As the market for unmanned aerial systems grows, universities that treat aviation as a data-gathering tool, rather than just a transportation method, may find their graduates in demand across sectors ranging from agriculture to infrastructure inspection.

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Sources: Utah State Magazine

Photo Credit: Utah State University

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Defense & Military

Boeing Uses Retired B-52 for Engine Integration Testing

Boeing repurposes retired B-52H “Damage Inc. II” to validate Rolls-Royce F130 engine installation for fleet modernization through 2050.

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This article is based on an official press release and company news from Boeing.

From the Boneyard to the Lab: How “Damage Inc. II” Secures the B-52’s Future

In the high-stakes world of aerospace engineering, digital models are king. Yet, for the United States Air Force’s legendary B-52 Stratofortress, the most critical tool for modernization is not a computer simulation, but a resurrected 60-year-old airframe known as “Damage Inc. II.”

According to official reports from Boeing, this retired B-52H, tail number 61-0009, has been pulled from storage to serve as a ground-based integration model. Its mission is vital: to validate the installation of new Rolls-Royce F130 engines, ensuring the bomber fleet remains operational through 2050.

The initiative is part of the Commercial Engine Replacement Program (CERP), a massive undertaking to replace the aging Pratt & Whitney TF33 engines that have powered the B-52 since the 1960s. By using a physical “test bench,” engineers can bridge the gap between modern digital design and the physical realities of a Cold War-era Commercial-Aircraft.

The Resurrection of Tail 61-0009

Built in 1961, the aircraft now known as “Damage Inc. II” served for decades before being retired to the 309th Aerospace Maintenance and Regeneration Group (AMARG), commonly known as the “Boneyard”, at Davis-Monthan Air Force Base in Arizona in 2008. For nearly 14 years, it sat in the desert sun, seemingly destined for scrap.

However, in January 2022, the aircraft began a new chapter. According to Boeing, the fuselage and left wing were separated and transported 1,400 miles to a specialized facility near Tinker Air Force Base in Oklahoma City. The right wing and tail section were sent to a separate facility in Wichita, Kansas, for structural stress testing.

Currently housed in a “high bay” integration lab, the aircraft is no longer flight-worthy but serves a higher purpose. It acts as a high-fidelity mock-up, allowing Boeing and Air Force teams to physically interact with the airframe without taking an active-duty bomber out of service.

Bridging the Digital and Physical Worlds

While modern aerospace engineering relies heavily on “Digital Twins”, exact 3D virtual replicas of aircraft, the B-52 presents a unique challenge. Every Stratofortress was hand-built in the 1960s, resulting in slight variations from one airframe to the next. Sheet metal tolerances, rivet placements, and hydraulic line routing can differ in ways that digital blueprints might not fully capture.

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Validating the Rolls-Royce F130 Integration

The primary role of “Damage Inc. II” is to de-risk the integration of the new Rolls-Royce F130 engines. These modern high-bypass turbofans are larger and heavier than the original engines, requiring new pylons and nacelles. Boeing engineers use the physical airframe to perform “fit checks,” ensuring that the new components attach correctly to the wing structure.

This physical validation is crucial for identifying potential clashes between new systems and existing infrastructure, such as pneumatic ducts and electrical wiring. By discovering these issues on a ground-based model, the program avoids costly delays during the modification of the active fleet.

Human Factors and Maintenance

Beyond structural fit, the mock-up is essential for testing maintenance ergonomics. Engineers and mechanics use the rig to simulate routine repair tasks, ensuring that technicians have enough clearance for their hands and tools. This focus on maintainability is expected to significantly reduce long-term sustainment costs.

“It allows the team to verify digital designs against the real-world irregularities of a 60-year-old airframe, ensuring the new engines fit and can be maintained properly before any active aircraft are modified.”

Summary of Boeing reports

Advanced Technology Integration

The work on “Damage Inc. II” is not limited to physical hardware. Boeing is employing “mixed reality” technologies to enhance the integration process. Engineers wearing Virtual Reality (VR) headsets can stand next to the physical fuselage and see digital overlays of the new engines and subsystems. This allows them to visualize how new components will route through the old airframe in real-time.

Data gathered from these physical tests is then fed back into the program’s “Digital Thread,” updating the master blueprints for the entire fleet. This cycle of physical testing and digital updating ensures that the modification kits produced for the operational B-52s will fit with minimal adjustments.

AirPro News Analysis

The reliance on a physical mock-up like “Damage Inc. II” highlights a critical reality in defense modernization: legacy platforms cannot be treated like new builds. While digital engineering has revolutionized aircraft design, the “hand-made” nature of mid-20th-century engineering requires a tactile approach.

By investing in this ground-based test bed, the Air Force is likely saving millions in potential retrofit costs. If a design flaw were discovered only after the first active B-52 entered the modification line, the resulting fleet-wide delays could be catastrophic for strategic readiness. “Damage Inc. II” effectively serves as an insurance policy for the B-52’s longevity.

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Frequently Asked Questions

What is the B-52 CERP?
The Commercial Engine Replacement Program (CERP) is an Air Force initiative to replace the B-52’s eight TF33 engines with modern Rolls-Royce F130 engines, improving fuel efficiency by 30% and extending the aircraft’s life.

Will “Damage Inc. II” ever fly again?
No. The aircraft has been partially dismantled (fuselage and left wing only) and is permanently grounded as a structural test and integration model.

Where is the aircraft located?
It is currently housed at a Boeing facility near Tinker Air Force Base in Oklahoma City, Oklahoma.

Sources

Photo Credit: Boeing

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Technology & Innovation

Eve Air Mobility Secures $150M Loan for eVTOL Certification and Testing

Eve Air Mobility obtains $150 million financing from major banks to accelerate eVTOL flight testing and certification, targeting 2027 entry into service.

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Eve Air Mobility Secures $150 Million from Major Global Banks to Fuel eVTOL Certification

Eve Air Mobility has announced a significant financial milestone, securing a $150 million loan facility to support the development and certification of its electric vertical take-off and landing (eVTOL) aircraft. The financing deal, finalized on January 20, 2026, involves a syndicate of top-tier global financial institutions, including Citibank, JPMorgan, Itau BBA, and Mitsubishi UFJ Financial Group (MUFG).

According to the company’s official statement, this injection of capital brings Eve’s total historical funding to approximately $1.2 billion. The funds are earmarked to accelerate the company’s testing campaign following the successful first flight of its full-scale engineering prototype in December 2025. With a target Entry into Service (EIS) date of 2027, Eve is positioning itself for a capital-intensive phase of flight testing and regulatory compliance.

Strengthening the Balance Sheet for Certification

The new financing is structured as a five-year loan facility. In its press release, Eve emphasized that this liquidity strengthens its balance sheet as it executes a strategic roadmap extending through 2028. The involvement of conservative, high-profile banking institutions signals a shift in how the financial sector views eVTOL infrastructure, moving from speculative venture risk to financeable industrial assets.

Eduardo Couto, Chief Financial Officer of Eve Air Mobility, highlighted the confidence these institutions have placed in the company’s program.

“This financing reinforces the confidence of the market in our strategy and provides us with the necessary resources to continue our development and certification journey.”

, Eve Air Mobility Press Release

The capital will primarily fund the expansion of the flight test campaign. After validating fly-by-wire controls and electric propulsion systems during the initial hover tests in late 2025, the company plans to expand the flight envelope in 2026. This includes the technically challenging transition from vertical hover to wing-borne cruise flight.

Beyond the Aircraft: The Vector Ecosystem

While much of the industry focus remains on the aircraft itself, Eve is allocating a portion of these funds to its “comprehensive urban air mobility ecosystem,” specifically the Vector air traffic management software. Unlike competitors focusing solely on vehicle manufacturing, Eve is developing the digital infrastructure required to manage high-density urban air traffic.

According to company reports, the Vector software recently completed a successful real-world trial managing helicopter traffic at the São Paulo Grand Prix in November 2025. This “ecosystem-first” approach aims to create recurring revenue streams independent of aircraft sales, addressing the logistical challenges of operating air taxis in congested cities.

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AirPro News Analysis: The “Embraer Advantage”

The composition of Eve’s backing, specifically the industrial support of Embraer and the financial support of global heavyweights like MUFG and JPMorgan, highlights a key differentiator in the crowded eVTOL market. While startups often face the dual challenge of certifying a novel aircraft and building a global support network from scratch, Eve leverages Embraer’s existing service centers, supply chains, and certification experience.

Furthermore, the participation of traditional banks suggests that the sector is maturing. As competitors like Joby Aviation and Archer Aviation push for earlier entry-to-service dates in 2025 and 2026, Eve’s conservative 2027 timeline appears designed to prioritize regulatory robustness over speed. This “smart money” validation indicates that institutional lenders see long-term viability in Eve’s methodical approach, even if it means entering the market slightly later than its peers.

Competitive Landscape and Market Position

The eVTOL sector is currently in a “separation phase,” where well-capitalized leaders are distinguishing themselves from struggling entrants. Eve’s $1.2 billion in total funding places it firmly among the industry leaders.

According to recent market data, Eve holds one of the largest order backlogs in the industry, with approximately 2,900 Letters of Intent (LOIs) valued at roughly $14.5 billion. While many of these agreements are non-binding, the company recently secured a firm order for 50 aircraft from Revo, a subsidiary of OHI Helicopters.

The table below compares Eve’s current standing against key competitors as of January 2026:

Feature Eve Air Mobility Joby Aviation Archer Aviation
Target Entry into Service 2027 Late 2025 / Early 2026 2026
Key Industrial Backer Embraer Toyota Stellantis
Primary Strategy Ecosystem (Aircraft + Software + Service) Operator (Vertical Integration) Manufacturer (Asset-light)
Comparison of major eVTOL players based on publicly available data as of Jan 2026.

While Joby and Archer are pursuing faster timelines with the FAA, Eve is certifying primarily with Brazil’s ANAC. Due to bilateral agreements between Brazil and the U.S., this certification is expected to be streamlined for global markets, allowing Eve to benefit from Embraer’s deep regulatory history.

Conclusion

With $150 million in fresh debt financing and a successful prototype flight achieved, Eve Air Mobility enters 2026 with a clear runway. The company’s strategy of combining aircraft development with air traffic management software and leveraging Embraer’s industrial footprint offers a distinct path to commercialization. As the industry consolidates, evidenced by the financial struggles of other players in late 2024, Eve’s ability to secure capital from major banks underscores its position as a long-term contender in the future of urban flight.

Sources

Photo Credit: Eve Air Mobility

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