GE's Defense & Propulsion Strength Seems Firm: More Upside Ahead?

Impact · against what's priced in

The update on GE's defense segment provides no material catalyst as the market has already priced in the current backlog and the defense business's role as a growth supplement. Textron sees modest positive sentiment from broad defense demand, though the impact is limited.

GE+0.00

Already priced in

The price assumes

the defense segment's 67% order growth as a near-term supplement to commercial demand