GE Aerospace Secures Key Contracts and Cramer Endorsement Amid Strong Revenue Growth

GE Aerospace (NYSE:GE) is one of the 12 Jim Cramer Stock Picks this Week.

Following the announcement of a $300 million investment in Beta Technologies, Cramer picks the company as a running back stock.

GE Aerospace Secures Key Contracts and Cramer Endorsement Amid Strong Revenue Growth

GE Aerospace (NYSE:GE) completed its second quarter of 2025 with a notable 23% increase in revenue, attributed to a 30% growth in Commercial Engines & Services (CES) and a 7% increase in Defense & Propulsion Technologies (DPT). In the last week of August, MSN reported that India is set to finalize a $1 billion agreement with U.S. manufacturer General Electric (GE) for 113 GE-404 fighter jet engines. The engines will be used for powering the Light Combat Aircraft (LCA) Tejas Mark 1A.

The company also announced investing $300 million into Beta Technologies to develop a new hybrid electric turbogenerator together. Additionally, Jim Cramer signaled a yes to the stock by pointing out that aerospace has been a popular and lasting theme on the market.

GE Aerospace (NYSE:GE) gains the support of 100 hedge funds, who were noted to have ownership stakes as of the second quarter of 2025.

GE Aerospace (NYSE:GE) is the core successor to the original General Electric Company, which was founded in 1892. Headquartered in Ohio, the company is a global leader in designing, manufacturing, and servicing jet and turboprop engines.

READ NEXT: 13 Best Freight Stocks to Invest in Now and 10 Best EV Stocks to Buy According to Hedge Funds.

Disclosure. None.