A general view of jet engine LEAP-1B at General Electric Co's production facility in Lafayette, Indiana, U.S., 2017, in this handout picture obtained by Reuters on March 10, 2023.

Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory in Lafayette, Indiana, U.S. on March 29, 2017. Picture taken on March 29, 2017.

Since the launch of GE’s CT7/T700, the engine family has completed more that 130 million flight hours. Of late, more than 25,000 of these engines have been delivered.

The new teaming agreement provides the framework for the two companies to develop, manufacture, test, and field the GEK800 Engine, as well as collaborate on other low-cost expendable turbofan engines.

GE Aerospace now expects Leap engine deliveries to be off 10% in 2024, more so than previous forecasts of same to 2023 or even up by 5%.

GE Aerospace has completed a series of tests on next-generation engine technology under development in partnership with the U.S. Air Force. GE Aerospace stock soars after becoming region's newest ...