GE Aerospace outlines $11.75 billion CPP acquisition to boost airfoil casting capacity

Reuters2026/09/08 11:53

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GE Aerospace outlined plans to acquire Consolidated Precision Products for $11.75 billion, targeting a close in the second half of 2027.
Deal pitched as expanding mission-critical castings capacity as airfoil demand is projected to rise more than 30% through 2030.
CPP forecast 2027 revenue of about $2 billion, with roughly 60% from commercial aerospace, about 20% defense.
Transaction expected to be adjusted EPS and free cash flow accretive in year one, excluding one-time costs.
GE Aerospace expects more than $200 million of net synergies, financed with existing cash and new debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GE Aerospace - General Electric Company published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.

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GE Aerospace outlines $11.75 billion CPP acquisition to boost airfoil casting capacity

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