GE Aerospace will acquire Consolidated Precision Products for $11.75 billion to increase in-house manufacturing capacity.

The move is intended to boost in-house manufacturing capacity and provide greater control over a critical segment of the jet-engine supply chain. GE Aerospace CEO Larry Culp stated that investing in mission-critical casting capacity is necessary to support strong simultaneous demand across commercial engines, aftermarket parts, and defense. By combining the technology of GE Aerospace with the manufacturing experience of Consolidated Precision Products, the company expects to expand capacity and accelerate new engine technologies. The company expects demand for airfoils to rise more than 30% by 2030. Bringing Consolidated Precision Products into the fold will link airfoil design and production more closely, shorten development cycles, and improve manufacturing readiness. The deal is expected to close in the second half of 2027 and is projected to boost adjusted profit per share and free cash flow in the first year.