Commercial services (spare parts and shop visits)
CES revenue grew 27% in Q2 2026, with services still the largest share of CES revenue.
The numbers
What it is
Services are the parts, repair and overhaul work on the installed fleet of GE and CFM engines. This is the highest-margin part of CES and the main reason CES margins stay high while equipment sales rise and fall.
Why it matters to the stock. Services revenue ($24.2B in FY2025) is the most predictable earnings stream in the company. Traders watch shop-visit volume and spare-parts orders as the best early read on airline flying hours.
News
GE Aerospace agrees to buy Consolidated Precision Products for $11.75B
GE Aerospace agreed to buy Consolidated Precision Products, a Cleveland-based castings maker, from Warburg Pincus and Berkshire Partners for $11.75B.
Farnborough: GE and CFM announce about 1,800 engine commitments, incl. IndiGo LEAP
GE Aerospace and CFM International closed the 2026 Farnborough Airshow with commitments for about 1,800 engines.
GE Aerospace raises 2026 outlook after Q2 orders rise 17% to $16.5B
GE Aerospace reported second-quarter 2026 orders of $16.5B, up 17%, with GAAP revenue of $13.3B, up 21%, and adjusted EPS of $2.02, up 22%.
Emirates taps GE Aerospace for piece-part repair of GE90 and GP7200 engines
Emirates signed an agreement with GE Aerospace for technical and training consultancy to set up piece-part component repair for GE90 and GP7200 engines.
GE Aerospace Q1 2026: orders up 87%, adjusted EPS $1.86, guidance held
GE Aerospace reported Q1 2026 orders of $23.0B, up 87%, with GAAP revenue of $12.4B (up 25%) and adjusted revenue of $11.6B (up 29%).
GE Aerospace plans another $1 billion of US manufacturing investment in 2026
GE Aerospace said it will invest another $1 billion in its U.S.