GE Aerospace
25 named things its latest annual report says its results depend on, each in the company's own words. 9 of them are also named by other companies we've read.
Customers
Aircraft customer financing assistance
insures or lends to · $ 2,495 millionAdditionally, we have committed to provide financing assistance of $ 2,495 million for future customer acquisitions of aircraft equipped with our engines.Market risk (Item 7A)
U.S. federal government
earns fromnamed as a riskOur defense business is heavily influenced by the spending and policy actions of the U.S. federal government, as well as allied governments that rely on U.S. suppliers to provide products and services important to their national defense.Risk factors (Item 1A)
Also named by ACN, ADSK, AKAM, AMRC, APG, CACI, CBRE, CI and 25 more
Commercial aviation sector
earns fromnamed as a riskA substantial portion of our business is directly tied to economic conditions in the commercial aviation sector, which has historically been cyclical in nature.Risk factors (Item 1A)
Airframers
earns fromnamed as a riskWe also have dependencies on our suppliers and partners for commercial engine programs to develop, manufacture and service engine parts and components, and on the major airframers that we supply to timely and successfully develop, certify, commercialize and sell aircraft powered by our engines.Risk factors (Item 1A)
Suppliers
Limited- or sole-source suppliers
depends onnamed as a riskIn addition, some of our suppliers or their sub-suppliers are limited- or sole-source suppliers, and our ability to meet our obligations to customers depends on the performance, product quality, continued product availability, viability and stability of such suppliers.Risk factors (Item 1A)
Also named by MMM
Other companies
GE Vernova
insures or lends to · approximately $ 8,300 millionnamed as a riskAs of December 31, 2025, we estimated GE Vernova RPO and other obligations that relate to GE Aerospace credit support to be approximately $ 8,300 million, a more than 87 % reduction since December 31, 2023.Market risk (Item 7A)
Bank BPH
operates in · $1.1 billion of cashnamed as a riskIt is also possible that additional contingent liabilities and loss estimates for Bank BPH, in connection with the ongoing litigation in Poland related to its portfolio of residential mortgage loans denominated in or indexed to foreign currencies (see Note 24), will need to be recognized (or loss estimates may increase in the future) and will require additional capital contributions.Risk factors (Item 1A)
Run-off insurance operations (long-term care)
insures or lends to · $7,660 millionnamed as a riskFor example, it is possible that results of our statutory testing of insurance reserves in future years will require additional capital contributions to our insurance subsidiaries.Risk factors (Item 1A)
U.S. tax equity renewable energy projects
$1,114 millionOf these investments, $1,114 million and $1,280 million were in our U.S. tax equity portfolio, comprising equity method investments related to onshore renewable energy projects, at December 31, 2025 and December 31, 2024, respectively.Market risk (Item 7A)
Genworth
named as a riskSolvency or other concerns about Genworth or its insurance company subsidiaries may cause those subsidiaries or their regulators to take or attempt to take actions that could adversely affect UFLIC, including control over assets in the relevant trusts.Risk factors (Item 1A)
Places
Currency-controlled countries
concentrated in · $0.4 billion of cashnamed as a riskCash, cash equivalents and restricted cash at December 31, 2025 included $0.4 billion of cash held in countries with currency control restrictions, which may restrict the transfer of funds to the U.S. or limit our ability to transfer funds to the U.S. without incurring substantial costs.Market risk (Item 7A)
China
earns fromnamed as a riskEscalation of tariffs or any other specific trade tensions, including intensified decoupling between the U.S. and China, or in global trade conflict more broadly could be harmful to global economic growth or to our business in or with China or other countries.Risk factors (Item 1A)
Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more
Hazards
Asbestos and PCBs litigation
named as a riskAdditionally, like many other industrial companies, we and our subsidiaries are defendants in lawsuits claiming losses and injuries related to alleged exposure by workers and others to asbestos, polychlorinated biphenyls (PCBs) or other hazardous materials.Risk factors (Item 1A)
Commodities and inputs
Rare earth minerals
depends onnamed as a riskPolitical developments or policy shifts in areas such as tariffs, export controls, including restrictions on rare earth minerals or other trade barriers, sanctions, technical or local content regulations, currency controls, global tax laws or other laws and policies, have been and may continue to be disruptive and costly to our business.Risk factors (Item 1A)
Also named by ALAB, AMAT, COHR, DE, EXTR, GEHC, GWW, JCI and 10 more
Jet fuel
exposed to its pricenamed as a riskWe have significant business with, and credit exposure to, some of our largest customers and accordingly our performance can be adversely affected by challenges that individual customers or the industry faces related to factors such as competition, regulatory oversight and certifications, the need for cost reduction, financial stability and soundness, supply chain or labor shortages or disruptions, production schedules, the cost of jet fuel, the availability of aircraft leasing and financing alternatives, interest rates, the retirement of older aircraft and other dynamics affecting the original equipment and aftermarket service markets, or by a significant disruption of air travel demand.Risk factors (Item 1A)
Low carbon fuels
depends onnamed as a riskThe risk of insufficient availability, or higher cost, of low carbon fuels may compromise the pace and degree of emissions reduction.Risk factors (Item 1A)
Euro, British pound and Brazilian real
exposed to its priceSuch principal currencies include the euro, the British sterling pound and Brazilian real.Market risk (Item 7A)
Laws and programs
Cybersecurity Maturity Model Certification (CMMC)
subject tonamed as a riskExpanding global cybersecurity requirements, such as the Department of War's NIST and Cybersecurity Maturity Model Certification requirements, also impose additional obligations on us and our suppliers, heightening the risk of noncompliance, operational disruptions and regulatory enforcement.Risk factors (Item 1A)
Also named by ADI, AVAV, BWXT, HEI, HLIO, HON, HWM, KTOS and 15 more
U.S. False Claims Act
subject tonamed as a riskFailure to comply with provisions of our government contracts or other applicable laws and regulations can lead to civil or criminal enforcement under the U.S. False Claims Act or similar enforcement legislation, including potentially significant financial penalties, suspension or debarment against new business and reputational harm.Risk factors (Item 1A)
Also named by ACN, ASTS, CDW, CHE, CI, CVS, DGX, FLR and 13 more
GE Vernova and GE HealthCare spin-offs tax-free status
subject tonamed as a riskIf either of the GE HealthCare or GE Vernova separation transactions were ultimately determined to be taxable, the Company would incur a significant tax liability, and the distributions to the Company’s shareholders would become taxable and the independent companies might incur income tax liabilities.Risk factors (Item 1A)
Per- and polyfluoroalkyl substances (PFAS) restrictions
subject tonamed as a riskOther legislative and regulatory areas of significance for our business that U.S. and non-U.S. governments have focused and continue to focus on include cybersecurity, data privacy and sovereignty, artificial intelligence, anti-corruption, competition law, public procurement law, compliance with complex trade controls and economic sanctions laws, technical regulations or local content requirements that could result in market access criteria that our products cannot or do not meet, restrictions related to per- and polyfluoroalkyl substances (PFAS), foreign exchange intervention in response to currency volatility and currency controls that could restrict the movement of liquidity from particular jurisdictions.Risk factors (Item 1A)
Technology
LEAP engine
earns fromnamed as a riskFor example, the anticipated significant growth of the LEAP installed base and services in the coming years will require considerable effort and execution to meet the delivery, performance, durability, time on wing and repair turnaround time expectations of customers.Risk factors (Item 1A)
GE9X engine
earns fromnamed as a riskWe also face operational risks in connection with launching or ramping newer product platforms, such as the LEAP or GE9X engines.Risk factors (Item 1A)
RISE program
named as a riskOur competitive position and success also depend on our ability to develop, introduce, and market new and innovative technology, products, services and platforms, such as the RISE program suite of technologies.Risk factors (Item 1A)