GE Aerospace Is Making a $12 Billion Acquisition. Here's What Investors Should Know.

GE Aerospace announced an $11.75 billion acquisition of Consolidated Precision Products (CPP), its largest deal since becoming independent in 2024. The acquisition addresses critical supply chain constraints by bringing a key aerospace castings supplier in-house, as CPP supplies approximately 25% of GE's needs. Financed with $7 billion cash and new debt, the deal is expected to boost adjusted profit per share and free cash flow in the first year, though it faces antitrust scrutiny. GE's $210 billion backlog extending into the 2030s necessitates the additional capacity.