TacticScaleWhat General Electric Does & How It Makes Money (GE)
Updated October 2026 · reflects General Electric's latest reported financials
Maker of jet engines and aircraft systems for commercial and military aviation. It earns revenue from selling jet engines and components to airframers, airlines and governments, plus maintenance, repair and overhaul (MRO) services and spare-part sales over the engines' long operating lives.
How General Electric makes money
It earns revenue from selling jet engines and components to airframers, airlines and governments, plus maintenance, repair and overhaul (MRO) services and spare-part sales over the engines' long operating lives.
What General Electric does
GE Aerospace, the operating name of General Electric Company, is a jet engine and aircraft systems maker headquartered in Evendale, Ohio, with roots going back to 1892. It has two segments. Commercial Engines & Services designs, manufactures and services jet engines for commercial airframes, business aviation and aeroderivative applications, and sells spare parts. Defense & Propulsion Technologies supplies engines, avionics and power systems to governments, militaries and airframers. The defense segment also sells aircraft components and systems under brands including Avio Aero, Unison, Dowty Propellers and Colibrium Additive. These include small turboprop engines, mechanical transmissions, turbines, combustors, controls, propeller and ignition systems, sensors and additive manufacturing, used on both fixed-wing aircraft and rotorcraft. The company operates in the United States, Europe, Asia, the Americas, the Middle East and Africa. It makes money from engine sales and from recurring MRO services and spare parts.
Products & services
- Commercial jet engines
- Engine MRO services and spare parts
- Military jet engines
- Avionics and power systems
- Avio Aero, Unison, Dowty Propellers
- Colibrium Additive (3D printing)
What is General Electric worth?
On an owner-earnings DCF, General Electric's most-likely value is about $235 versus a recent price near $308 (24% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$79) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
AECC Aviation Power (600893.SS) · Honeywell Aerospace (HONA) · Aecc Aero-Engine Control (000738.SZ) · The Boeing (BA) · General Dynamics (GD)