GE Aerospace Annual Report highlights slow adoption of AM and critical importance of Colibrium Additive
February 14, 2025
In its inaugural shareholders’ letter, GE Aerospace has announced that it now has an installed base of 70,000 commercial and defence engines and $35 billion in adjusted revenue, approximately 70% of which is driven by aftermarket services. The company’s DPT segment was also reported to have a solid 2024, with operating profits up 17.1% to $1.1 billion.
The DPT segment consists of Defense & Systems and Propulsion & Additive Technologies; P&AT itself comprises Colibrium Additive, Avio Aero, Unison, and Dowty. DPT saw a 10% increase in orders and 6% in revenue, with margins expanding 110 basis points.
As of the letter’s publication date, DPT is said to support two thirds of US military aircraft, with over 25,000 engines in its installed base. The segment currently has a reported backlog of $18 billion, driving future growth.
GE Aerospace uses Colibrium Additive’s metal AM machines to produce several key components for LEAP and GE9X engines. Avio Aero, GE Aerospace’s largest and native European company, focuses on gearboxes, low-pressure turbines, combustors, turboprop engines and propulsion systems for civil and military aviation and is a partner of the Italian Armed Forces.
Its first Catalyst engine – reportedly the first modern turboprop to use Additive Manufacturing – completed engine-level testing in 2024; certification is expected in the first half of 2025.
Whilst the report stated that there are “declines in the Additive Manufacturing industry due to slower adoption of technology,” it was also stated that “Colibrium Additive is a critical business for current and future technology at GE Aerospace as we continue to focus on where it can create the most value.”
The full report is available here.
