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Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio , in Greater Cleveland (with a Cleveland mailing address).
Shortly thereafter, Triumph acquired the Parker Hannifin Corporation United Aircraft Products Division and Rolls-Royce Gear Systems. The company then reorganized into two groups, Triumph Aftermarket Services and Triumph Aerospace Systems.
[2]: 13 Inside the PCU is a dual servo valve that, based on input from the pilot's rudder pedals or the aircraft's yaw damper system, directs the flow of hydraulic fluid in order to move the rudder. [2]: 19 The PCU for affected Boeing 737 aircraft was designed by Boeing and manufactured by Parker Hannifin. [2]: 20
Parker-Hannifin's (PH) divestment of the Aircraft Wheel and Brake Division is in sync with its strategy of restructuring business portfolio and concentrating more on core businesses.
Parker Hannifin Corporation The company develops a wide range of aircraft seals, valves, and controllers for high-pressure systems. The company has a presence in 49 countries, with manufacturing facilities in all major regions, such as Asia, Europe, the Americas, and the Middle East.
On April 29, 2019 it was announced that LORD Corporation would be acquired by Parker Hannifin for $3.675 billion. [15] The sale was approved by the boards of each respective company and closed on October 30, 2019.
Although the NTSB and Parker-Hannifin had already ruled out the possibility of mechanical failure as a cause to the crash of Flight 185 due to a defective PCU servo valve-unit (manufactured by Parker-Hannifin), an independent and private investigation refocused on and further examined the recovered PCU device whose malfunctioning has been ...
Parker Meggitt (legally Meggitt Ltd) is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Parker Hannifin in September 2022.
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