General Electric, Raytheon Technologies, and the $7 Billion Race

Aviation-focused industrial titans General Electric (NYSE: GE) and Raytheon Technologies (NYSE: RTX) look like excellent options for investors. Both are set to substantially increase earnings and free cash flow (FCF) in the coming years. Instead of thinking about them as suffering companies in the beaten-down aerospace industry, there's a case for arguing that they are both embarking on a multi-year growth trajectory that will lead them to substantive FCF generation.