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GE Aerospace to Buy Consolidated Precision Products for $11.75B

9/10/2026

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Summary

GE Aerospace Acquires

U.S. GE Aerospace announced it will acquire Consolidated Precision Products for $11.75 billion.
The purchase will be financed with $7 billion in cash and the remainder through new debt.
GE expects the transaction to close in the second half of 2027 pending regulatory approval.
Consolidated Precision Products employs roughly 6,600 workers at more than 20 facilities worldwide.
CPP supplies about a quarter of GE’s casting needs.

Summary

GE Aerospace Acquisition

Warburg Pincus and Berkshire Partners are selling CPP to GE Aerospace.
GE Aerospace shares traded around $337 on September 8, 2026, up 0.2%.
Defense & Propulsion Technologies revenue rose 16% to $3.443 billion in Q2 2026.
Jefferies maintains a Buy rating with a $455 price target, citing long-term competitive gains.
Howmet Aerospace shares fell about 6% after GE’s castings acquisition announcement.

History

Historical Context

On August 1 1997 Boeing completed its merger with McDonnell Douglas, ending decades of separate commercial and defense lines and concentrating most U.S. aerospace capacity under one company. The deal followed a series of defense acquisitions that lifted Boeing’s annual revenue from $23 billion to $54 billion. That consolidation history signals that regulators will closely examine GE Aerospace’s purchase of Consolidated Precision Products.

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GE Aerospace Acquires

U.S. GE Aerospace announced it will acquire Consolidated Precision Products for $11.75 billion.
The purchase will be financed with $7 billion in cash and the remainder through new debt.
GE expects the transaction to close in the second half of 2027 pending regulatory approval.
Consolidated Precision Products employs roughly 6,600 workers at more than 20 facilities worldwide.
CPP supplies about a quarter of GE’s casting needs.

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