GE VERNOVA SEES STRONGER GAS ORDERS AS TEXAS SMR PROJECT ADVANCES $GEV expects gas capacity additions to grow about 50% by year-end, with second-half contract commitments now expected to exceed its 20GW guidance. Q4 commitments are also tracking above Q3 based on current trends. Separately, Blue Energy has filed the first part of an NRC construction permit for a BWRX-300 small modular reactor at the Port of Victoria, Texas. The planned site would combine GE Vernova’s BWRX-300 nuclear technology with its 7HA.02 gas turbines, giving $GEV exposure to both gas and nuclear generation at the same project. Blue Energy expects to submit the remaining permit application in 2027.

GE Aerospace $GE just announced that it has agreed to acquire engineered-castings maker Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11.75 billion

GE Vernova has committed to repairing large portions of Venezuela’s power grid as part of a series of deals being touted by the Trump administration to boost the country’s energy output.