
GE Aerospace Wins Pentagon Autonomous Drone Engine Deal as Iran Crisis Drives Global Defense Shift
The U.S. Air Force awarded GE Aerospace the GE426 engine contract for its Autonomous Collaborative Platform program, pushing shares up 7.6% in a week. The deal comes as Iran's closure of the Strait of Hormuz — a chokepoint for roughly 20% of global oil trade — accelerates Pentagon demand for unmanned combat platforms. The contract signals a structural shift in Western air power procurement replicated across allied defense programs worldwide.

