GE Aerospace To Acquire Consolidated Precision Products For Nearly $12 Billion
Deals·2 articles across 2 outlets·◆ Primary source
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GE Aerospace has announced its plan to acquire Consolidated Precision Products (CPP) for approximately $12 billion. This acquisition aims to enhance GE's capacity in mission-critical castings, which are essential for various aerospace applications.
The deal is expected to significantly bolster GE Aerospace's manufacturing capabilities, allowing for increased production and innovation in casting technologies. The acquisition aligns with GE's strategy to expand its footprint in the aerospace sector and meet growing demand for advanced aerospace components.
GE AerospaceConsolidated Precision Products
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“GE Aerospace to Acquire Consolidated Precision Products (CPP), Expanding Mission-Critical Castings Capacity”
SEC Filing — GE Aerospace to Acquire Consolidated Precision Products (CPP), Expanding Mission-Critical Castings Capacity“GE Aerospace To Buy Key Industry Castings Supplier CPP For Nearly $12 Billion”
Yahoo Finance — GE Aerospace To Buy Key Industry Castings Supplier CPP For Nearly $12 Billion