Eaton Completes Acquisition of Cobham Mission Systems


Reading time ( words)

Power management company Eaton announced it has completed the acquisition of Cobham Mission Systems. Cobham is a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets. The business has a workforce of approximately 2,000 people and manufacturing facilities in the United States and United Kingdom.

“We’re excited to welcome the Cobham team to Eaton,” said Heath Monesmith, president and chief operating officer, Industrial Sector, Eaton. “This acquisition, along with our prior acquisition of Souriau-Sunbank, positions our Aerospace business well for the future. These are just two examples of ways we are repositioning Eaton’s portfolio for higher growth, stronger margins and more consistent performance.”

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 94,000 employees. For more information, visit Eaton.com.

Share

Print


Suggested Items

BAE Systems Acquires In-Space Missions

09/14/2021 | BAE Systems
BAE Systems has acquired In-Space Missions, a UK company that designs, builds and operates satellites and satellite systems. The acquisition will combine BAE Systems’ experience in highly secure satellite communications with In-Space Missions’ full lifecycle satellite capability, to make a compelling sovereign UK space offer.

Just Ask Joe: The Land Warrior Project

08/24/2020 | I-Connect007 Research Team
First, we asked you to send in your questions for Happy Holden. Now, it’s Joe Fjelstad’s turn! Inventor, columnist, instructor, and founder of Verdant Electronics, Joe has been involved with rigid PCBs and flexible circuits for decades, and he’s ready to share some of his knowledge with our readers. We hope you enjoy “Just Ask Joe.”

L3Harris Technologies Awarded $380 Million IDIQ Contract for WESCAM MX-Series

07/23/2020 | Business Wire
The Canadian Commercial Corporation (CCC) has awarded L3Harris Technologies an eight-year, $380 million indefinite delivery, indefinite quantity (IDIQ) contract to procure WESCAM MX-Series products and services in support of global U.S. Army surveillance and targeting operations.



Copyright © 2021 I-Connect007. All rights reserved.