https://www.live-feeds.com/feed/ge-aerospace-to-buy-key-industry-castings-supplier-cpp-for-nearly-12-billionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/ge-aerospace-to-buy-key-industry-castings-supplier-cpp-for-nearly-12-billionhttps://www.live-feeds.com/feed/ge-aerospace-to-buy-key-industry-castings-supplier-cpp-for-nearly-12-billion#u65245Fri, 11 Sep 2026 16:17:56 +0000GE Aerospace entered a definitive agreement on September 8, 2026, to buy Consolidated Precision Products (CPP) for $11.75 billion. The company is acquiring the manufacturer from private equity firms Warburg Pincus and Berkshire Partners. CEO H. Lawrence Culp, Jr. stated the move aims to increase casting capacity for defense programs, commercial engines, and aftermarket activity. By integrating CPP's manufacturing base with its own technology, GE Aerospace expects to accelerate engine technology development and resolve production bottlenecks. The deal is expected to close in the second hal https://www.live-feeds.com/feed/ge-aerospace-to-buy-key-industry-castings-supplier-cpp-for-nearly-12-billionhttps://www.live-feeds.com/feed/ge-aerospace-to-buy-key-industry-castings-supplier-cpp-for-nearly-12-billion#u63327Thu, 10 Sep 2026 00:56:57 +0000GE Aerospace is acquiring Consolidated Precision Products, an Ohio-based manufacturer of key industry castings, in a deal valued at $11.75 billion. The acquisition brings a critical supplier in-house to address engine production bottlenecks. While some reports round the figure to $12 billion, multiple sources specify the exact price as $11.75 billion. This move allows the Fortune 500 company to secure its supply chain for essential engine components.Why it mattersPrecision castings are critical for jet engine manufacturing and often represent a significant bottleneck in aerospace production. T