GE Aerospace CEO plans $95M stock sale as BNP Paribas flags slowing growth (GE:NYSE)

GE Aerospace reported a 7% year-over-year revenue increase in its Defense & Propulsion Technologies segment to $3.5 billion in Q3 2026. Defense & Systems business grew 5% to $2.3 billion, while Propulsion & Additive Technologies surged 10% to $1.2 billion. The company secured notable defense contracts, boosting orders by 18% and operating profit by 8%. GE expects low-double-digit revenue growth for the segment in 2026, driven by rising defense budgets.

GE Aerospace secured $12.9B in sales and service agreements at the China International Import Expo, including deals with China Eastern Airlines and MTU Maintenance Zhuhai. The agreements cover aircraft engines, spare parts, and long-term maintenance services, reflecting China's aviation industry growth and fleet renewal demands. According to GE, the deals highlight cooperation and global supply chain integration.

GE Vernova was selected by PowerGrid Corporation of India to deliver a 6-GW HVDC transmission project, booked for Q4 2026. The project will transport power from Rajasthan to South Kalamb, supporting India's renewable energy goals. GE Vernova will design and manage the project, using advanced technologies to ensure grid stability and efficiency.

GE Aerospace CEO Larry Culp plans to sell up to $95M in shares, per a 10b5-1 trading plan. BNP Paribas notes this is notable given his history of retaining stock. The sale represents 18% of his beneficial ownership. The company also faces potential slowing services revenue growth and a $11.75B acquisition, which may limit shareholder returns.

GE Aerospace signed $12.9 billion in deals at the China International Import Expo, including a $14 spare engine agreement with China Eastern Airlines for the C919 jet. This is the largest contract value GE has recorded at the annual trade fair, according to the company.

GE Vernova secured a 6 GW HVDC project in India, including design and delivery of a transmission corridor. The project, booked for Q4 2026, features GE Vernova's LCC valves and eLumina control system. Retail sentiment for GEV turned bullish, with shares up 17% year-to-date. According to GE Vernova, the project aims to enhance India's power system reliability.