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GE Aerospace is buying Consolidated Precision Products for $11.75 billion, Quartz reports

Quartz says the deal gives GE Aerospace direct ownership of a key castings supplier serving commercial, defense and aftermarket engine programs.

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3 Sources, 24d ago, first seen 24d ago

TLDR

Quartz reports that GE Aerospace is buying Consolidated Precision Products for $11.75 billion. The publisher describes the acquisition as giving GE direct ownership of a key castings supplier serving commercial, defense and aftermarket engine programs.

Combined views

42K

3 Sources, first seen 24d ago

16 likes3 comments3 saves6 reposts

Combined views

42K

3 Sources, first seen 24d ago

16 likes3 comments3 saves6 reposts

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3 Sources

@qzGE Aerospace is buying a key jet engine parts supplier for $11.75 billion: The deal gives GE Aerospace direct ownership of a key castings supplier serving commercial, defense, and aftermarket engine programs https://dlvr.it/TVNQs524d
@barronsonlineGE Aerospace Buys Turbine Maker in Blow to SpaceX. These Stocks Could Benefit. https://trib.al/VZv9CVp23d
@ReutersHowmet CEO "fine" with GE Aerospace deal, working to meet demand for engine parts https://reut.rs/4A19q3u https://reut.rs/4A19q3u23d
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    3 Sources

    @qzGE Aerospace is buying a key jet engine parts supplier for $11.75 billion: The deal gives GE Aerospace direct ownership of a key castings supplier serving commercial, defense, and aftermarket engine programs https://dlvr.it/TVNQs524d
    @barronsonlineGE Aerospace Buys Turbine Maker in Blow to SpaceX. These Stocks Could Benefit. https://trib.al/VZv9CVp23d
    @ReutersHowmet CEO "fine" with GE Aerospace deal, working to meet demand for engine parts https://reut.rs/4A19q3u https://reut.rs/4A19q3u23d
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