Acquiring Company
GE Aerospace
Acquired Company
Consolidated Precision Products
OhioClevelandManufacturingAir TransportationAerospaceManufacturingAerospaceDescription
GE Aerospace will acquire Consolidated Precision Products for $11.75 billion to enhance its manufacturing capacity. This acquisition marks GE Aerospace's largest since its separation as a standalone company. The move aims to bring critical casting capabilities in-house, supporting increased demand in the aerospace market. The CEO emphasized the need for this investment to improve performance and accelerate engine technology.
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Frequently asked
Who acquired Consolidated Precision Products?
Consolidated Precision Products was acquired by GE Aerospace, based in Ohio. The deal was reported on September 8, 2026. GE Aerospace is a leading provider of jet engines and other aerospace technologies. The company specializes in high-performance engines for commercial and military aircraft. GE Aerospace is publicly traded (GE) and operates in Manufacturing.
When did GE Aerospace acquire Consolidated Precision Products?
GE Aerospace's acquisition of Consolidated Precision Products was reported on September 8, 2026. GE Aerospace will acquire Consolidated Precision Products for $11.75 billion to enhance its manufacturing capacity. This acquisition marks GE Aerospace's largest since its separation as a standalone company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Consolidated Precision Products do?
Consolidated Precision Products specializes in precision castings and forgings for the aerospace industry. They provide critical components for jet engines and other aerospace applications. It is privately held, operating in Manufacturing, and is based in Cleveland.
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