When the world's commercial jet assembly lines stall, the root cause is almost always found deep inside the foundry. For years, aviation's recovery from the pandemic has struggled against a stubborn bottleneck: the high-pressure turbine blades, vanes, and complex engine castings at the heart of every engine.
GE Aerospace (NYSE: GE) altered that landscape by agreeing to acquire Consolidated Precision Products for about $11.75 billion. This deal would lock in GE's component supply for the industry's top propulsion programs, while creating an immediate ripple effect across the supply chain.
