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GE Aerospace says favorable Q2 services volume supports full year guide

Says tariffs causing higher costs for supply chain. Sees net effect of tariffs $500M in 2025. Says win rates strong, backlog at record level. Says Defense spending remains “resilient.” Sees margin expansion in 2025-2028 largely from services growth. Expects greater than 10% annual operating profit growth through 2028. Expects inflation to remain elevated.

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