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In September 1997, Cobham acquired ML Aviation for £37 million, which had taken over Nash & Thompson, a major competitor, the previous year. [7]In early 2008, Cobham purchased S-TEC Corporation, maker of general aviation autopilots, for $38 million; [8] during February 2008, the company also bought the sensor and antenna systems division of BAE Systems for $240 million. [9]
Cobham Technical Services (the trading name of Cobham CTS Ltd) is a UK-based technology organisation founded in 1920. It sells products for terrestrial and satellite communications, navigation and sensor applications; technical services and specialised systems for high-voltage and lightning testing; electromagnetic and multiphysics simulation software products.
[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]
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A merger enquiry into the anticipated acquisition (Ultra Electronics is a key national security and the defence contractor, Cobham, is American owned) [22] was completed in January 2022, [23] with a report being passed to the Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng. [24]
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