# Who does GE Aerospace pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/ge-aerospace · Facet: suppliers · Updated: 2026-09-11T21:34:21.39222+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: GE Aerospace's confirmed suppliers/cost counterparties include 하우멧 에어로스페이스 plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 2 of them primary filings (as of 2026-09-11).

### CFM International (사프란 50:50 비연결 JV) (high)
- metric: jv stake 50% · FY2025
- note: CFM International, which produces LEAP and CFM56, is a 50-50 non-consolidated JV with Safran Aircraft Engines and the heart of GE's narrow-body business — a $1.68B equity-method investment balance and $376M equity-method income (2025) come from it. Per the mutual-stake basket rule it is recorded as a 'CFM JV' basket rather than a separate Safran investment edge; GE and Safran share the risk, profit and aftermarket of narrow-body engines half-and-half.
- [confirms] GE Aerospace (SEC EDGAR) (EN, filing, published 2026-01-29) https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm: "CFM International, a 50-50 non-consolidated joint venture with Safran Aircraft Engines; CES equity-method investment balance $1,682M, equity-method income $376M (2025)."
- [mentions] GE Aerospace (EN, news, published 2025-10-21) https://www.geaerospace.com/news/articles/ge-aerospace-and-cfm-international-continue-expand-mro-capacity: "CFM (GE + Safran JV) is expanding LEAP MRO capacity as LEAP engines come due for services."

### 엔진 소재·정밀단조 (티타늄·니켈 초합금·단조·주조) (high)
- note: A jet engine's hot section hinges on precision forgings/castings of titanium and nickel superalloys — GE sources these from a global supply chain but depends in part on limited/sole-source suppliers (such as Howmet), so material input and inflation are the upstream bottleneck on deliveries and aftermarket throughput. It uses FLIGHT DECK to improve material input and cost, but supply stability is the real constraint on the LEAP ramp and MRO-capacity expansion.
- [confirms] GE Aerospace (SEC EDGAR) (EN, filing, published 2026-01-29) https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm: "We rely on a global supply chain for raw materials, commodities, components and MRO services; some of our suppliers are limited- or sole-source suppliers, and our ability to meet obligations depends on their product quality, availability and stability."

### 하우멧 에어로스페이스 (high)  → /howmet-aerospace.md
- note: Depends on Howmet for engine hot-section castings/forgings (airfoils) — GE was ~11% of Howmet's 2025 third-party sales per Howmet's 10-K, a heavy mutual dependence, and GE's own 10-K states it depends on limited/sole-source suppliers for some parts. This hot-section supply is the upstream bottleneck for the LEAP ramp.
- [confirms] SEC / Howmet Aerospace (EN, filing, published 2026-02-12) https://www.sec.gov/Archives/edgar/data/4281/000000428126000012/hwm-20251231.htm: "RTX and GE Aerospace each ~11% of Howmet's 2025 third-party sales."
- [confirms] GE Aerospace (SEC EDGAR) (EN, filing, published 2026-01-29) https://www.sec.gov/Archives/edgar/data/40545/000004054526000008/ge-20251231.htm: "GE relies on limited- or sole-source suppliers for some parts; Howmet is a key supplier of engine castings/forgings and airfoils."

Reverse side: https://valuechain.wiki/ge-aerospace/customers.md · Ripple: https://valuechain.wiki/ge-aerospace/ripple.md

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