"GE Aerospace Spins Off, Completing 130-Year Breakup into Three Public Companies"
GE Aerospace, formerly known as GE Aviation, has officially become its own separate entity after being spun off from General Electric. The company expects to earn over $6 billion in operating profits, with projections to reach $10 billion by 2028, and is investing over $100 million into its Evendale plant. The move is expected to bring growth opportunities for local workers and the aviation legacy in Evendale, Ohio, and the company's stock will continue to trade under the "GE" ticker.
