GE Aerospace will acquire Consolidated Precision Products (CPP) for approximately $11.75 billion. This transaction represents the largest deal for GE Aerospace since it became a standalone company.
The company plans to finance the acquisition using $7 billion in cash and new debt. GE Aerospace aims to vertically integrate its supply chain to resolve persistent shortages of specialized engine parts.
CPP currently manufactures approximately 25% of the casting components required by GE Aerospace. The acquisition secures production capacity for a massive order backlog extending into the next decade. Management expects the deal to streamline operations for critical engine programs despite potential regulatory scrutiny.