🟢 GE.NE is trading 3.2% up today on U.S. Air Force GE426 drone engine contract win

GE.NE is trading 3.2% up at CA$38.35 following the announcement of a new U.S. Air Force contract for GE Aerospace’s GE426 drone engine program.

• The contract win reinforces positive sentiment surrounding GE Aerospace’s defense and aerospace pipeline and its ability to capture resilient sector demand.
• Broader market indices are trading modestly higher, providing a supportive backdrop for the stock's upward momentum.