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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.
Arthur L. Parker founded the firm as the Parker Appliance Company in Ohio around 1917 or 1918. [6] [7] In its early years, it built pneumatic brake systems for buses, trucks and trains. [6] In 1919, Parker's truck slid over a cliff, causing the company to lose its entire inventory and forcing the founder to return to his previous job.
Meggitt Dunlop Standard Aerospace Group Ltd. was formed in 1998 from the assets of BTR Aerospace Group when they were purchased by Doughty Hanson & Co . In 2004 the company was sold and split into two.
[4] [5] (DRS Technologies purchased the UAV business from Meggitt in 2002 [6] but later closed the Mineral Wells facility.) S-TEC was purchased for $38 million by Cobham plc in 2008. [7] [8] In April 2014, Cobham sold Chelton Flight Systems and S-TEC Corporation to Genesys Aerosystems. [9] [10]
Aircraft braking systems include: Aircraft disc brakes in the landing gear, used to brake the wheels while touching the ground. These brakes are operated hydraulically, pneumatically or electrically. In most modern aircraft they are activated by the top section of the rudder pedals ("toe brakes"). In some older aircraft, the bottom section is ...
Megan Parker, a University of Akron law school graduate, overcame many medical obstacles on her path to becoming an attorney.
Dunlop Aircraft Tyres was established in 1910 as part of Dunlop Ltd. (formally Dunlop Rubber), which itself had been founded by pneumatic tyre pioneer John Boyd Dunlop in Belfast, Ireland, in 1888. It was Dunlop Ltd., the original company, who designed the brakes for Concorde and had also invented Maxaret , the world's first anti-lock braking ...
In October 1984, the energy plant received a $36 million bailout with $13 million coming from the U.S. EPA, $15 million from the Ohio Water Development Authority and $8 million from Akron taxpayers.