The General Precision Equipment Corporation was a major manufacturing company involved in the defense and space industries as well educational products and control devices for consumer goods. General Precision, Inc. was the principle operating subsidiary of General Precision Equipment Corp. headquartered in Tarrytown, New York.

Librascope, founded in 1937 by Lewis W. Imm to improve aircraft load balancing, was acquired by General Precision, Inc. in 1941, and went on to become a computer manufacturer. In 1955 GPE Corporation purchased the The Kearfott Company Inc. In 1968 GPE Corporation was purchased by The Singer Company. In 1987 Kearfott was split, the Kearfott Guidance & Navigation Corporation was sold to the Astronautics Corporation of America in 1988 and the Electronic Systems Division was purchased by GEC-Marconi in 1990 and renamed GEC-Marconi Electronic Systems.