The Billion Dollar Gamble: What GE's $12 Billion Acquisition Means for Aerospace and Beyond GE Aerospace's recent acquisition of Consolidated Precision Products (CPP) for a staggering $11.
75 billion has sent shockwaves through the industry, sparking both excitement and trepidation among analysts and investors alike.
On its surface, the deal appears to be a masterstroke by GE Aerospace CEO Larry Culp aimed at resolving one of the most significant bottlenecks in jet engine production: procuring precision metal turbine blade components.