GE Aerospace to Acquire Castings Maker CPP for Nearly $12 Billion
The aerospace giant has agreed to buy Consolidated Precision Products in a deal valued at close to $12 billion, according to a report by CNBC.
GE Aerospace has agreed to acquire Consolidated Precision Products (CPP), a manufacturer of metal castings and forgings used in aircraft engines, in a deal valued at nearly $12 billion, according to a report published by CNBC on September 8, 2026.
CPP produces precision-cast and forged components that are critical inputs for jet engine manufacturing, an area central to GE Aerospace's core business.
Further details of the transaction, including its structure, financing, and expected closing timeline, were not immediately available. CNBC's report did not specify whether the acquisition still requires regulatory approval.
GE Aerospace and CPP have not issued additional public statements beyond what was reported by CNBC at the time of this article's publication.
Sources
- GE Aerospace to buy castings maker CPP for nearly $12 billion — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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