GE’s Air Force Engine Win Draws Attention to Drone Push
GE Aerospace secured a U.S. Air Force contract for its GE426 engine, advancing to a preliminary design review for use in autonomous combat aircraft. The value of the contract was not disclosed. GE shares rose 2.8% to $311.41 in New York trading. The GE426 engine can support thrust levels from 4,000 to 9,000 pounds.