GE Aerospace is moving to strengthen its jet engine supply chain through a $12 billion deal to acquire Consolidated Precision Products (CPP), one of the world’s major manufacturers of precision metal castings used in turbine engines. The acquisition is aimed at addressing persistent shortages of critical aerospace components and securing specialist manufacturing expertise
A Danish pension fund has excluded SpaceX from its investment portfolio ahead of the company’s expected IPO, citing concerns over governance and valuation. Akademikerpension said the Elon Musk-led firm appeared significantly overvalued, with market estimates placing its worth above $1.8 trillion. The pension fund argued that investors are being asked to accept unusually

