GE Aerospace stock: $1.42 billion Navy engine deal hits tape as earnings near
New York, Jan 11, 2026, 10:27 EST — Market closed. GE Aerospace shares are set to draw attention once U.S. markets reopen, following the Pentagon’s announcement of a $1.42 billion contract modification for engines powering the U.S. Marine Corps’ CH-53K heavy-lift helicopter. (U.S. Department of War) Timing is key here. The award lands as investors gear up for GE’s quarterly report later this month, where questions will focus on growth in its defense segment and how quickly engine deliveries and services are ramping up. The contract is firm-fixed-price, so GE takes on more cost risk if expenses climb. It extends