Browsing Tag
Consolidated Precision Products
2 posts
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.