Boeing, GE Aerospace Get Qatar Airways Order
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The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.
This was the stock's fifth consecutive day of gains.
President Trump secured over $243.5 billion in deals with Qatar, paving the way for a $1.2 trillion economic agreement. The deals include major aircraft purchases, supporting over 1 million US jobs and enhancing strategic cooperation.
GE Aerospace recently completed more than 3,000 cycles of endurance tests on next-generation high-pressure turbine (HPT) airfoil technologies
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WCIV on MSNBoeing secures historic $96b aircraft deal during Trump's Qatar visit, Graham approvesBoeing and GE Aerospace secured a $96 billion agreement to acquire up to 210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engin
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The largest widebody engine deal in GE Aerospace history, supporting Qatar Airways' rapid expansion and driving economic growth in the Middle East
GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights. The jet engine business is split between designing and supplying new engines—including significant ongoing research and development to ensure that successive generations of engines outperform their predecessors—and servicing existing engines with replacement and refurbished parts throughout their very long service lives.
GE Aerospace is preparing to conduct dust-ingestion tests as part of endurance evaluation of turbine blades being developed through CFM International's innovative powerplant programme RISE.