General Electric (GE, $10.18) secures $517M army helicopter contract
Overcoming a joint bid from Pratt and Whitney (UTX) and Honeywell (HON), General Electric (GE) secured a $517 million contract to engineer, develop and manufacture engines for the U.S Army’s next generation of helicopters under the Improved Turbine Engine Program (ITEP).
The current model of engine, T701, also built by GE, will be replaced by the new T901 engines that will power the Army’s Boeing AH-64 Apaches and Sikorsky UH-60 Black Hawks, both under the Utility Tactical Transport Aircraft System (UTTAS) program.
With this upcoming masterpiece, GE Aviation CEO, Tony Mathis expressed optimism that this engine could also potentially outfit the Army’s next generation reconnaissance helicopter in the Future Vertical Lift family of systems. He also added that the company is honored to be chosen by the Army to continue powering their Black Hawks and Apaches for decades to come.
GE sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for GE moved above the 200-day moving average on June 15, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GE advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 390 cases where GE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GE broke above its upper Bollinger Band on June 15, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (20.534) is normal, around the industry mean (10.983). P/E Ratio (44.114) is within average values for comparable stocks, (94.507). Projected Growth (PEG Ratio) (8.546) is also within normal values, averaging (4.106). Dividend Yield (0.004) settles around the average of (0.019) among similar stocks. P/S Ratio (7.806) is also within normal values, averaging (37.421).
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General Information
a manufacturer of products for the generation, transmission, distribution, control and utilization of electricity; manufactures aircraft engines and medical equipment
Industry AerospaceDefense
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