GE Aerospace (GE) has signed an agreement to acquire Consolidated Precision Products, known as CPP, from private investment firms Warburg Pincus and Berkshire Partners.
The transaction is valued at approximately $11.75 billion in total, structured using $7 billion in cash with debt covering the remaining consideration.
CPP, headquartered in Cleveland, Ohio, specializes in producing precision-engineered castings and sub-assemblies for commercial aerospace and defense applications.
The company supplies complex alloy castings for commercial and military aircraft, weapon systems, helicopters, and industrial gas turbines across a wide customer base.
Founded in 1991, CPP employs approximately 6,600 personnel and operates across more than 20 manufacturing facilities globally.
GE Aerospace expects the acquisition to strengthen its supply chain, expand critical casting capacity, and improve manufacturing performance to support strong demand across commercial engines, aftermarket, and defense markets.
The deal is also anticipated to leverage GE Aerospace’s FLIGHT DECK platform to enhance manufacturing and engineering capabilities and accelerate new engine technology development.
The transaction is expected to close in the second half of 2027, pending regulatory approvals and other customary closing conditions.
GE Aerospace has been experiencing broad business strength driven by robust demand for commercial engines, propulsion, and additive technologies, with shares gaining 18.1% over the past year against the industry’s 3% decline.
The company currently carries a Zacks Rank of 3, rated Hold, though high costs tied to certain projects and restructuring activities remain a concern for margins and profitability going forward.
Among other aerospace names drawing analyst attention, Howmet Aerospace (HWM) carries a Zacks Rank of 2, or Buy, and delivered a trailing four-quarter average earnings surprise of 6.9%, with its 2026 consensus earnings estimate rising 5.6% over the past 60 days.
Archer Aviation (ACHR) also holds a Zacks Rank of 2 and posted a trailing four-quarter average earnings surprise of 18.4%, with its 2026 earnings estimate climbing 5.9% over the same period.
RTX Corporation (RTX), likewise rated Zacks Rank 2, delivered a trailing four-quarter average earnings surprise of 14.2%, while its 2026 consensus earnings estimate has grown 4.3% over the past 60 days.
