GE Aerospace shares edged 0.17% lower to $367.75 in Monday's premarket trading while S&P 500 futures were flat, after GE Aerospace and Kratos Defense & Security Solutions Inc. said their 800-pound-thrust GEK800 turbofan (jet engine that uses a fan for thrust) received the U.S. military designation F143-ZZ-100 and an engineering, manufacturing and development contract from the U.S. Air Force. The engine is set to serve as a second-source propulsion system for JASSM (Joint Air-to-Surface Standoff Missile), part of the companies' effort to build small, lower-cost turbofan engines for cruise missiles, collaborative combat aircraft and other uncrewed aerial vehicles. The share move amounted to a modest pullback near recent highs: GE remains above its 20-day, 50-day, 100-day and 200-day simple moving averages, but a negative MACD signal points to softer near-term buying momentum below the August 52-week high of $388.84. Analysts still show a Buy consensus with an average price forecast of $395.73, while ETF weightings indicate GE remains an important holding across industrial and aerospace-focused funds.