GE Aerospace agrees to acquire Consolidated Precision Products for $11.75 billion
GE Aerospace announced on September 8, 2026 that it signed an agreement to acquire Consolidated Precision Products (CPP), a manufacturer of highly engineered castings and sub-assemblies, for $11.75 billion. GE said it will finance $7 billion of the purchase price with cash and the remainder with new debt, and expects the acquisition to be accretive to adjusted EPS and free cash flow in the first year. The transaction is expected to close in the second half of 2027, subject to regulatory approvals and customary closing conditions.
Direct announcement evidence confirms that GE Aerospace signed an agreement to acquire Consolidated Precision Products (CPP) for $11.75 billion, making this a valid, forward-looking merger-and-acquisition development with material implications for GE’s portfolio, financing, aerospace manufacturing capacity, and expected earnings and cash flow. The transaction is expected to close in the second half of 2027 and remains subject to regulatory approvals and customary conditions. September 8, 2026 is explicit, while 11:30 UTC is an estimate based on the contemporaneous news record because the exact announcement time is not stated. GE is the only approved stakeholder because effects on other aerospace companies are indirect and comparatively speculative.
GE AEROSPACE TO BUY CONSOLIDATED PRECISION PRODUCTS FOR $11.75B