What Happened
Comparing Fundamentals Of Two Aerospace Giants
GE Aerospace and RTX Corporation are two major players in the aerospace and defense industry, both benefiting from growth opportunities in air traffic and the US defense budget. GE Aerospace is gaining from a growing installed base and higher utilization of engine platforms, while RTX is benefiting from a steady recovery in commercial aerospace and strong defense orders. The comparison of their fundamentals reveals different strengths and growth prospects, with GE Aerospace’s strong momentum in commercial and defense markets and RTX’s lower forward valuation making it relatively attractive. This article was originally published on Zacks Investment Research.