GE Aerospace Makes $11.75 Billion Supply Chain Bet With CPP Acquisition
GE Aerospace to buy Consolidated Precision Products for $11.75B to boost casting capacity and meet commercial and defense demand.
GE Aerospace is buying a big company that makes metal parts to help make more airplane engines and defense equipment. This shows they're confident they can sell more products and need to grow their factories to keep up with customer orders.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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