Honeywell Aerospace chief executive Jim Currier has endorsed GE Aerospace’s planned $11.75 billion purchase of Consolidated Precision Products, calling it positive for the industry overall. Speaking at the Morgan Stanley Laguna Conference, he said Honeywell does not compete with CPP and sees no overlap with GE’s supplier relationship, while Honeywell’s own contracts with CPP are expected to remain in place.
Currier linked the transaction to a wider aerospace shift toward tighter control of critical supply chains and more vertical integration. Honeywell has spent the past two years pulling some outsourced work back in-house, a move he said reflects the same pressure facing the wider sector. GE announced the CPP acquisition on 8 September, aiming to secure more mission-critical casting capacity for engine production, aftermarket support and defence programmes. Castings remain a bottleneck across aerospace, with engine makers trying to lock in supply for current programmes and future output.