We are excited to host GE Aerospace’s 2024 Investor Day in New York City starting at 8:00am ET today. You can access a live webcast of the presentations, as well as accompanying slides and press release, on our investor website here.

GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. will be joined by members of the leadership team to discuss our strategic priorities and the near- and longer-term outlook for GE Aerospace in advance of launching as an independent, public company on April 2, 2024.

Culp said, “GE Aerospace is ready to launch as a standalone company on April 2. As a global leader in propulsion, services, and systems, we are delivering exceptional value for our customers with unrivaled technology and service, and the highest levels of operational reliability. With FLIGHT DECK, our proprietary lean operating model, as the foundation, we will define flight for today, tomorrow, and the future."

Culp continued, “Looking ahead, our financial outlook demonstrates confidence in our future, with a robust market and demand for our products and services underpinning continued growth across revenue, operating profit and cash generation. Our strong balance sheet positions us to invest in growth and innovation, while also returning approximately 70-75% of available funds through our dividend and share buybacks. I’m excited about GE Aerospace’s future and our plans to deliver for customers and maximize shareholder returns.”

Our leaders are looking forward to discussing how we live our purpose – to invent the future of flight, lift people up and bring them home safely. With nearly three billion people traveling with GE or CFM technology under wing each year, it is a responsibility we take very seriously. We will take a closer look at our two segments: Commercial Engines & Services and Defense & Propulsion Technologies, both leaders in attractive, growing sectors. We will also provide more insight on a few select topics, including FLIGHT DECK – our proprietary lean operating system, our financial outlook, and our new capital allocation framework.

Overall, we look forward to sharing what’s ahead for GE Aerospace as a standalone company, and how we will continue to create long-term value and maximize returns for shareholders.

We welcome any feedback on today’s event. Thank you for your interest in GE Aerospace.

Steve and team

This document contains "forward-looking statements." For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see here.

*Non-GAAP Financial Measure. The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are included in our earnings releases, the appendix of the presentation for the GE Aerospace 2024 Investor Conference and our annual report on Form 10-K for the year ended December 31, 2023.