General Electric Is Pulverizing United Technologies in This Hot Niche Market

General Electric Is Pulverizing United Technologies in This Hot Niche Market

Both General Electric (NYSE: GE) and United Technologies (NYSE: UTX) have invested billions of dollars in developing next-generation jet engines that they hope will be game-changers.

And the game is indeed changing: GE is winning it. The company's LEAP engine is absolutely destroying United Technologies subsidiary Pratt & Whitney's geared turbofan in the marketplace. Here's what investors need to know.

Airbus's A320neo aircraft can be powered by GE's LEAP engine (pictured) or by Pratt & Whitney's Geared Turbofan. Image Source: General Electric.

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Source: Fool.com