GE Aerospace Acquires Engine Supplier CPP for $11.75 Billion
In a major move to streamline aircraft engine production, GE Aerospace is purchasing Cleveland-based supplier Consolidated Precision Products for $11.75 billion. The acquisition gives the engine manufacturer direct control over the production of specialized metal castings used in powerplants like the LEAP and GEnx series. With the deal expected to close in late 2027, the aerospace giant aims to resolve persistent supply chain bottlenecks that have hampered manufacturing rates. For pilots, reducing these delays means faster deliveries of new aircraft and improved spare parts availability for fleet maintenance.




