Browsing Tag
Consolidated Precision Products
4 posts
GE Aerospace orders jump 49% as engine backlog exceeds $170bn
GE Aerospace reported third-quarter revenue of $14.1 billion and adjusted operating profit of approximately $3 billion as commercial engine demand accelerated. A backlog exceeding $170 billion provides long-term visibility, although manufacturing constraints and cash flow remain important challenges.
Why jet-engine castings have become valuable enough for GE Aerospace to spend $11.75bn
GE Aerospace’s $11.75 billion purchase of Consolidated Precision Products is deliberately selective rather than a wholesale retreat from outsourcing. The transaction shows how a small number of difficult components can become strategic choke points when aircraft and engine backlogs stretch for years.
GE Aerospace says $11.75bn CPP deal is targeted fix, not vertical-integration blueprint
GE Aerospace says its $11.75 billion acquisition of Consolidated Precision Products is a targeted response to a critical jet-engine castings bottleneck rather than the beginning of broad vertical integration, as commercial and defence engine demand continues to strain aerospace suppliers.
GE Aerospace (NYSE: GE) makes $11.75bn CPP bet as airfoil demand rises 30%
GE Aerospace is acquiring Consolidated Precision Products for US$11.75 billion in its largest transaction since becoming independent, bringing a critical castings supplier in-house as jet-engine airfoil demand is expected to rise more than 30% by 2030.