Honeywell Aero CEO calls planned GE Aerospace-CPP deal "positive" for industry
15/09/2026 15:43
Honeywell Aero CEO calls planned GE Aerospace-CPP deal "positive" for industry Sept 15 (Reuters) - Honeywell Aerospace’s HONA.O CEO on Tuesday called GE Aerospace’s GE.N planned $12 billion acquisition of a castings giant “positive for the industry overall” and sees more opportunities to bring outsourced capabilities back in-house.
Aerospace companies are acquiring smaller manufacturers of in-demand parts, or trying to take such production capabilities in-house, as the industry’s supply chain struggles to meet strong demand by planemakers to increase jet output.
(Reporting By Allison Lampert and Nandan Mandayam)
((Allison.Lampert@thomsonreuters.com; 514-796-4212; Reuters Messaging: allison.lampert.reuters.com@reuters.net))
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