GE Aerospace Is Spending $12 Billion on an Acquisition. Is It Still the Best Aerospace Stock to Own?

GE Aerospace announced a $12 billion acquisition of Consolidated Precision Products (CPP), its largest deal since becoming independent in 2024. The acquisition brings precision casting in-house, expected to create cost synergies, improve operational efficiency, and provide supply chain advantages. While the deal values CPP at 26x estimated 2027 EBITDA, effective valuation drops to 18x with synergies considered. Management expects the deal to be immediately accretive to earnings.