🟢 General Electric Company is trading 2.4% up today on new U.S. Air Force drone engine contract

General Electric Company is trading 2.4% up at $42.47, driven by positive company-specific news and a favorable market rotation.

• The U.S. Air Force has awarded General Electric Aerospace a contract to complete a preliminary design review for its new GE426 engine, which will power autonomous drones.
• The stock is also benefiting from a broader market shift as investors rotate capital out of technology and semiconductor stocks into industrial names.