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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.
Parker-Hannifin's (PH) acquisition of Meggitt expands its presence in the UK, positioning it well to provide a broader suite of solutions for aircraft, and aeroengine components and systems.
UK aerospace and defence company Meggitt is to be taken over by US rival Parker Hannifin in a £6.3bn deal.
A U.S. bidding battle could be brewing for UK aerospace engineer Meggitt, which has been approached by TransDigm over a possible 7.03 billion pound ($9.74 billion) offer, days after accepting a ...
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).
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.
In July, Avic selected Rockwell Collins, Thales, Meggitt and Parker Hannifin as suppliers at the Farnborough Airshow. By then, the CAAC had completed its review of the structure digital model, as the first prototype's fin, doors, undercarriage and nacelles were to begin construction.
According to the Evening Standard, Wood's departure from Rolls-Royce following a restructuring "seemed an abrupt end to a high-flying career", but with his appointment as COO of Meggitt PLC, "it appears he was only biding his time". [4] From 2016 Wood was COO of Meggitt, and succeeded Stephen Young as CEO in January 2018. [3]