
GE Aerospace announced an acquisition that will help solve a crucial manufacturing bottleneck.
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GE Aerospace announced an acquisition that will help solve a crucial manufacturing bottleneck.

Jim Cramer says GE Aerospace just made a move that flips its entire post-Culp playbook on its head, and he thinks the market is only beginning to price in what a defense-focused supply chain overhaul actually means for the stock.
GE Aerospace, which employs thousands of employees in the region, is acquiring a large Ohio manufacturer in a a nearly $12 billion dollar deal. GE Aerospace said it has signed an agreement to acquire Consolidated Precision Products, a Cleveland-based manufacturer of castings. The purchase will be from private investment firms Warburg Pincus and Berkshire Partners. “Investing in ...
GE Aerospace, which employs thousands of employees in the region, is acquiring a large Ohio manufacturer in a a nearly $12 billion dollar deal. GE Aerospace said it has signed an agreement to acquire Consolidated Precision Products, a Cleveland-based manufacturer of castings. The purchase will be from private investment firms Warburg Pincus and Berkshire Partners. “Investing in ...

The deal gives GE Aerospace direct ownership of a key castings supplier serving commercial, defense, and aftermarket engine programs

GE Aerospace (NYSE:GE) said on Tuesday that it has agreed to acquire Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11. 75 billion.

The defense contractor Lyntris sold 17 million shares in its IPO. The stock will begin trading on Wednesday.
Uber is leaning into delivery services with its acquisition of Delivery Hero. Plus, GE Aerospace is having a hard time sourcing materials.
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