Lockheed Martin Corporation (LMT), General Electric Company (GE): The Boeing Company (BA) Soars as the Dow Keeps Up Its Run

General Electric Company (NYSE:GE)’s largest segment by revenue, its power and water group, saw sales decline by more than 25% year over year in 2013’s first half — a painful blow that has slammed the company’s performance this year and pulled its stock into the bottom third of the Dow’s year-to-date performers. However, General Electric Company (NYSE:GE)’s aviation unit has soared, with sales jumping more than 6% in the first six months of the year for the firm’s second-largest group by sales, which now ranks just behind the power and water segment for the company’s top-selling branch.

If the aviation market continues to soar, look for General Electric Company (NYSE:GE) to direct more resources to this growing branch in quarters and years to come.

The article Boeing Soars as the Dow Keeps Up Its Run originally appeared on Fool.com and is written by Dan Carroll.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company and Lockheed Martin.

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