GE · Earnings call · 2026Q3T · Full report

Acquisition / Partnership / Divestiture

GENERAL ELECTRIC CO · 2026-10-20 · Importance 47 · Surprise 60 · In source text

GE Aerospace announced an agreement to acquire Consolidated Precision Products (CPP), a long-term supplier, to expand capacity for mission-critical aerospace castings. Management said the transaction is intended to support GE Aerospace and the broader aerospace industry rather than create a captive supplier. CPP is also expected to enable closer integration of development and manufacturing for next-generation airfoils, improving engine cooling, durability, and efficiency. Management said the program had completed approximately 3,000 endurance cycles and did not include potential time-on-wing benefits in 2027 or longer-term guidance.

Key facts

• GENERAL ELECTRIC CO was awarded a five-year contract worth $2.9 billion to provide ongoing support for the F414 engines powering the U.S. Navy's F-18 and EA-18G fleets.
• GENERAL ELECTRIC CO announced an agreement to acquire Consolidated Precision Products (CPP) to expand capacity of mission-critical castings.
• GENERAL ELECTRIC CO said its GEK800, now known as the F143, with Kratos was designated as a second-source propulsion system for JASSM and moved from development to a funded U.S. Air Force program.
• GENERAL ELECTRIC CO said its team partnered with Beta Technologies to complete the world's first high-altitude hybrid-electric flight under NASA's Electrified Powertrain Flight Demonstration program.

Impact estimates