# GE Aerospace (NYSE:GE) announced new defense and commercial aviation agreements.

*aerospace · news · 2026-05-19 · Benzinga*

## Key points

- GE Aerospace secured a U.S. Air Force engine development contract for its next-generation GE426 engine.
- Japan Airlines signed a 10-year GE Aerospace avionics support deal covering 53 Boeing 787s.
- GE stock remains below its 20, 50, 100, and 200-day SMAs, signaling continued technical weakness.
- The upcoming earnings report, expected July 16, is the next major catalyst for GE stock movement.
- Despite a Buy consensus, analyst price targets have recently been lowered by UBS and Morgan Stanley.

**Companies:** GE Aerospace
**Countries:** United States, Japan, Australia, Singapore

[Read the full story on Benzinga](https://www.benzinga.com/markets/large-cap/26/05/52668800/ge-aerospace-expands-defense-aviation-business-with-two-major-deals)

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