How Did GE Aerospace Hit a Record $190 Billion Backlog in 2025?

Global engineering firm GE Aerospace announced an outstanding finish to 2025. The company reported a massive USD 190 billion backlog of work. This figure is nearly $20 billion higher than the previous year. Full-year revenue reached $45.9 billion, an 18% increase. Profit for the year grew 31% to $10.0 billion. This strong performance was largely driven by record LEAP engine sales.

Record Engine Deliveries Drive Growth

The LEAP engine is a key narrowbody aircraft engine in the industry. It powers the Airbus A320neo family of jets. It is also the sole engine for the Boeing 737 MAX aircraft. The engine is produced by CFM International, a joint venture with Safran.

Deliveries for the LEAP program exceeded 1,800 units in 2025. This represents a strong 28% increase from 2024. The surge in output reflects improving production cadence. It also shows sustained narrowbody demand from global carriers.

Backlog and Aftermarket Strength

The USD 190 billion backlog underscores strong, sustained customer demand. This demand covers both commercial and defense markets. The Commercial Engines & Services (CES) division led the overall growth. CES saw services revenue increase by 26% annually. This highlights the durability of GE’s aftermarket-driven business model. The company’s large installed base of approximately 80,000 engines supports this. This continued high demand is a major piece of commercial aviation news.

Chairman and CEO H. Lawrence Culp, Jr. praised the company's operational progress. He credited the proprietary lean operating model, FLIGHT DECK. This model helped accelerate both services and equipment output. Material input from priority suppliers increased over 40% year-over-year. This improved supply chain execution is key to aerospace manufacturing growth.

Future Investment and Capacity

GE Aerospace is investing heavily to support its future capacity. The company pledged nearly $1 billion for its U.S. manufacturing footprint. They are also investing over $1 billion into their global engine maintenance repair overhaul (MRO) network. This investment will support the growing LEAP engine fleet. Capacity expansion is planned for facilities in Brazil, Malaysia, and Dubai.

• The company renewed its agreement with the International Air Transport Association (IATA).
• This affirms a commitment to an open aftermarket for CFM56 and LEAP engines.

This strong financial position allows GE to accelerate its financial goals. The momentum supports global Airbus Boeing Comac production rates. It also helps meet the high demand for airline fleet expansion globally.

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