Power management company Eaton recently announced that it has acquired Cobham Mission Systems, a manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets.
Cobham has a workforce of approximately 2,000 people and manufacturing facilities in the U.S. and U.K.
“We’re excited to welcome the Cobham team to Eaton,” Heath Monesmith, president and chief operating officer, Industrial Sector, Eaton, said in a press release. “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.”
“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 www.eaton.com.