GE Aerospace (GE) posted strong fourth quarter results, beating expectations for both revenue and adjusted earnings.
Jason Gursky, Citi’s managing director and lead analyst for aerospace and defense, suggests that GE Aerospace’s positive report, along with improving supply chains, provides a favorable 2025 outlook for other aerospace companies like Boeing (BA) and Transdigm (TDG).
“As we think about the read-through into other aerospace and defense companies, it’s all pretty constructive here,” Gursky explains. “Traffic growth is going well, orders are going well, supply chain’s getting better.”
Looking ahead, Gursky discusses how the Department of Government Efficiency (DOGE) will affect the defense sector, and anticipates US defense spending will grow at a low single-digit pace, with an increased focus on military modernization.
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This post was written by Josh Lynch
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