GE Aerospace's Stock Surges as Trading Volume Hits 48th Place in Market

Volume AlertsWednesday, Jun 18, 2025 8:10 pm ET
1min read

On June 18, 2025, GE's trading volume reached 11.86 billion, ranking 48th in the day's stock market. GE Aerospace, a subsidiary of GE, saw a 0.07% increase in its stock price.

GE Aerospace has announced significant developments in its engine production capabilities. The company is set to build "GE Aerospace-Kratos" turbofan engines for military drones, which will include three small engine test cells. This expansion is part of a broader initiative to enhance GE's presence in the aerospace and defense sectors.

Kratos Defense & Security Solutions has revealed plans to double the size of its facility in Bristow, Oklahoma. This new facility, spanning 20 acres, is dedicated to producing the GEK family of turbojet engines, developed in partnership with GE Aerospace. The expansion is expected to create numerous job opportunities and strengthen America's manufacturing capabilities.

The new advanced manufacturing and test facility in Bristow will play a critical role in accelerating the production of the GEK family of engines, including the GEK800. This move is seen as a strategic investment by Kratos to bolster its position in the jet engine market and support the growing demand for military drones.

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