GE Aerospace said on Tuesday it would acquire Consolidated Precision Products for $11.75 billion, buying the castings supplier from private equity owners Warburg Pincus and Berkshire Partners.
The deal, valued at nearly $12 billion, brings a key components manufacturer directly into GE Aerospace’s supply chain. Consolidated Precision Products, known as CPP, produces precision castings and machined parts used in aircraft engines and industrial equipment.
The purchase gives GE Aerospace greater control over the production of critical engine parts at a time when demand for commercial aircraft engines has strained suppliers across the industry. Castings are among the components most affected by manufacturing bottlenecks.
Warburg Pincus and Berkshire Partners had held CPP for several years. The sale returns the company to strategic ownership within the aerospace sector after its period under private equity control.
GE Aerospace has moved to secure its manufacturing base as it works through a backlog of engine orders. The company has faced pressure on its supply chain, an issue compounded earlier by the cost burden of new trade tariffs on the aerospace industry.
Bringing CPP in-house is intended to stabilize the flow of parts needed to build and maintain jet engines. The move gives GE Aerospace direct oversight of a supplier whose output feeds several of its core product lines.
The transaction is one of the larger acquisitions in the aerospace components sector in recent years. It reflects a broader push by major manufacturers to absorb suppliers rather than rely on external contracts amid tight production capacity.
The companies did not disclose a projected closing date for the transaction. The deal is expected to require regulatory review before completion.