Safran CEO Says Aerospace Supply Chain Will Remain Under Pressure In 2025; GE Aerospace CEO Says Long Way To Go In Rise Engine Technology Development But Confident In Outcome
Portfolio Pulse from Benzinga Newsdesk
Safran's CEO anticipates continued pressure on the aerospace supply chain through 2025. Meanwhile, GE Aerospace's CEO acknowledges the long journey ahead in developing Rise engine technology but remains confident in its success.

September 10, 2024 | 6:21 pm
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POSITIVE IMPACT
GE Aerospace's CEO expressed confidence in the development of Rise engine technology, despite acknowledging the challenges ahead. This indicates a positive outlook for GE's innovation capabilities.
The CEO's confidence in the Rise engine technology development suggests potential future advancements and success, which could positively impact GE's stock price. The mention of challenges indicates ongoing efforts and investment in innovation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80