GE Aerospace to buy engine castings supplier CPP for $11.75 billion

GE Aerospace announced a definitive agreement to acquire Consolidated Precision Products (CPP) in an all-cash transaction valued at approximately $11.75 billion. This acquisition represents GE Aerospace taking direct ownership of CPP, one of its existing casting suppliers. The deal encompasses CPP’s operations across multiple locations including facilities in the United States and Europe. CPP specializes in producing complex metal components critical for aerospace applications, particularly engine castings. Following completion, GE Aerospace expects to strengthen its supply chain resilience and enhance capabilities within its propulsion systems business.