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Cognition AI created its autonomous coding agent Devin to help developer teams automate incident investigations and security vulnerability triage.

For GE Aerospace the acquisition represents a critical chance to it expand its own production capacity amid booming demand.

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 ...

General Electric’s pricey purchase of Consolidated Precision Products for $11.75 billion from two private-equity firms highlights the value in Berkshire Hathaway’s Precision Castparts unit. Both companies are suppliers to the aircraft industry, providing complex castings and other parts. Based on the valuation of Consolidated Precision Castparts of 26 times projected 2027 earnings before interest, taxes, depreciation and amortization (Ebitda), the Berkshire unit could be worth close to $100 billion, more than an estimate of $60 billion to $75 billion that Barron’s made in an August article. A multiple of 26 times Ebitda probably is consistent with a price/earnings multiple of close to 40.

The $11.75 billion purchase buys scarce casting capacity at a price demanding substantial integration benefits.

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 ...

Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (

GE Aerospace is acquiring casting supplier Consolidated Precision Products for $11.75 billion, the largest deal since its 2024 spinoff.

HWM's 26.5% year-to-date rally is backed by aerospace demand and raised 2026 guidance, though rich valuation and SpaceX competition pose risks.

GE Aerospace on Tuesday said it will buy Consolidated Precision Products, a maker of blade and vanes for jet engines, for $11.75 billion. CPP is one of the four major manufacturers of the blades and vanes that go into jet engines and power-generating natural gas turbines. GE has been a customer of CPP for over 15 years, according to its announcement.

GE Aerospace (GE) agreed to acquire castings manufacturer Consolidated Precision Products in a deal

All three major US stock indexes fell in late-morning trading Tuesday as oil prices climbed and inve

At $337 a share, GE Aerospace (GE) trades at 39 times trailing earnings, which is not typically where an investment thesis begins. The bullish case here centers on cash generation instead. Management has raised 2026 free cash flow guidance to $8.9 billion to $9.2 billion, and on the CFO's own account that is more cash than the company expected to generate in 2028 when it framed that year in July 2025.

GE Aerospace announces deal to purchase CPP for nearly $12 billion in an effort to bolster castings production, supply chain. GE stock rises.

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.

GE Aerospace is buying Consolidate Precision Products for almost $12 billion. It’s a big deal for the jet engine maker.

GE Aerospace has struck a deal to buy engineered castings maker Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11.75 billion.

Investing.com -- GE Aerospace announced Tuesday it signed an agreement to purchase Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11.75 billion.

The sneaker giant’s stock collapse has real consequences.

Elon Musk applauded Heart Aerospace’s first flight of its X1 battery-electric demonstrator on Thursday, which the company says flew for 27 minutes using roughly $5 worth of electricity, while arguing autonomy should come next. X1 Flight Proves Electric Aviation Scale...

Energy price pressures and Middle East risks are contributing to higher borrowing costs and persistent inflation expectations. This type of backdrop often keeps governments focused on security and supply chains, which directs long term attention to companies linked to aircraft, satellites and defense systems. This article discusses three stocks from the aerospace and defense supply chain that many investors monitor when evaluating resilience and contract-driven cash flows. The three stocks...

GE Aerospace recently secured a five-year US$2.87 billion U.S. Navy contract to support 17 F414 engine components and advanced its HyCAT hypersonic test vehicle program through a new Defense Innovation Unit award, while also adding to its F404 engine deliveries for India’s Tejas Mark-1A fighter jets. These defense wins, alongside continued momentum in commercial engine orders and services, highlight how GE Aerospace is deepening long-term, recurring revenue ties with both military and...

Naval modernization contracts from the Navy are boosting GE Aerospace and RTX, whose recent stock pullbacks and large backlogs may offer investors a favorable entry point.

London news outlet The Times recently reported that Russia’s effort to build a Starlink-like satellite constellation to help in its war efforts with Ukraine is failing. Russia has launched dozens of satellites, with many failing to reach the appropriate orbit, leaving Russian troops with limited ability to use satellites to guide drones. It is SpaceX’s space-based broadband product with thousands of satellites in orbit, millions of subscribers, and billions in annual earnings.

TransDigm has significantly lagged the broader market over the past year, while analysts remain cautiously optimistic about its outlook.

London news outlet The Times recently reported that Russia’s effort to build a Starlink-like satellite constellation to help in its war efforts with Ukraine is failing. Russia has launched dozens of satellites, with many failing to reach the appropriate orbit, leaving Russian troops with limited ability to use satellites to guide drones. Starlink has no such limitations.

In the closing of the recent trading day, GE Vernova (GEV) stood at $941.84, denoting a +2.16% move from the preceding trading day.

GE Aerospace (GE) stock trades at about $329.50, about 14% below the $381.22 high it set inside the past year, and most of the decline is recent. It has fallen 12.7% over the past month. In July the company raised its 2026 guidance across the board.

Boeing (BA) trades at $208.87, down 12.0% over the past twelve months while the S&P 500 returned 20.5%. The complaint behind it is simple: the company still loses money building airplanes. What complicates it is how fast that loss is shrinking.