Defense companies raise 2025 outlooks on higher demand
1. GE Aerospace raised its full-year revenue growth outlook to high-teens. 2. Quarterly defense deliveries surged 83%, LEAP engine deliveries hit record levels. 3. GE posted adjusted revenue of $11.31 billion, exceeding Wall Street estimates. 4. Stock performance has improved over 80% year to date. 5. Increasing demand in defense sector supports broader aerospace industry growth.