GE Vernova Third-Quarter Orders Jump 96% to $29 Billion
Orders rose organically, driven by Power segment equipment demand. Total backlog increased $20 billion sequentially to $197 billion, while Gas Power equipment backlog and slot reservation agreements grew from 116 to 122 gigawatts.
GE Vernova's third-quarter orders jumped 96% organically to $29 billion, driven by equipment demand at its Power segment. The surge pushed total backlog up $20 billion sequentially to $197 billion. Gas Power equipment backlog and slot reservation agreements grew from 116 to 122 gigawatts during the…