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GE Aviation's main competitor in the US is Pratt & Whitney, and PW's parent United Technologies did this same kind of maneuver in 2020. Two companies were spun
by metalliqaz 5y ago
GE Aviation's main competitor in the US is Pratt & Whitney, and PW's parent United Technologies did this same kind of maneuver in 2020. Two companies were spun off and the resulting company focused on aerospace. Then, quickly thereafter, UTX merged with Raytheon. So I expect GE Aviation will begin either a merger or go on an acquisition spree to expand their power in the defense contracting space. They are competing with other huge conglomerates like Boeing, Lockheed, Northrup, and General Dynamics. I wonder if they will try to merge with Honeywell (again). I'll bet they will at least examine it.