GE Aerospace to Acquire Consolidated Precision Products (CPP), Expanding Mission-Critical Castings Capacity

GE Aerospace agreed to acquire Consolidated Precision Products (CPP), a manufacturer of highly engineered castings, from Warburg Pincus and Berkshire Partners. The transaction expands GE Aerospace's access to critical precision-casting capabilities and could strengthen its aerospace manufacturing supply chain, although financial terms and closing timing were not disclosed.