GE Aerospace (GE) investor relations material

Strategic rationale and transaction overview

• Acquisition of Consolidated Precision Products (CPP) aims to boost mission-critical castings capacity amid >30% airfoil demand growth across commercial, aftermarket, and defense sectors.

• Purchase price is $11.75B, with transaction expected to close in the second half of 2027.

• Deal is projected to be accretive to adjusted EPS and free cash flow in year one, excluding one-time costs and deal-related amortization.

• CPP has a longstanding collaboration with the acquirer, supplying key programs for over 15 years.

CPP business profile and integration

• CPP is a global manufacturer of engineered airfoils and structural castings, with ~$2.0B estimated 2027 revenue and 6,600 employees across 20+ facilities.

• Around 70% of CPP revenue comes from commercial and defense engines, with the remainder from missiles and power.

• CPP is a key supplier for major engine programs, including LEAP, GEnx, T700, F110, and F404.

• Integration will leverage the FLIGHT DECK model to increase yield, machine utilization, and reduce scrap and rework.

Technology and operational impact

• Acquisition accelerates new engine technologies for current and next-generation fleets, with proprietary airfoil technology enabling cooler engine temperatures and improved durability.

• Integration of design and manufacturing shortens development cycles using AI and connected data.

• Proven operational model with prior integrations (Avio Aero, Unison, Dowty) supports external customers and ensures timely delivery.