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GE Aerospace CEO Larry Culp announced the company will acquire castings supplier Consolidated Precision Products for $11.75 billion.

GE Aerospace CEO Larry Culp stated that the company will purchase castings supplier Consolidated Precision Products from investment firms Warburg Pincus and Berkshire Partners for $11.75 billion. This acquisition represents the largest deal for the company since it became a standalone business following its 2024 spinoff.

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Larry Culp noted that investing in mission-critical casting capacity is necessary to meet simultaneous demand across commercial engines, aftermarket parts, and defense. The company expects that combining its technology capabilities with the manufacturing experience of Consolidated Precision Products will expand capacity, improve performance, and accelerate new engine technologies. Jefferies maintained a 'Buy' rating and a $455 price target for GE shares. Analysts at the firm estimate the deal could add approximately 1.5% to the 2028 EPS forecast of $10.25. The move follows a trend where engine makers are seeking to bring production in-house to ease supply-chain risks and manage competition from other manufacturers who are also self-producing blades and vanes.

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