Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace Space

Cobham completes Aeroflex acquisition

Cobham plc has completed its acquisition of Aeroflex Holding Corp. following the receipt of regulatory and shareholder approvals.

The transaction has an enterprise value of approximately $1,460m.

Cobham Chief Executive Officer Bob Murphy (right) said: “We are pleased to welcome Aeroflex into the Cobham family of businesses. The combination of our technology companies is absolutely aligned with our strategic objective of building and maintaining leading positions in selected higher growth, commercially oriented end markets that increasingly demand more data, connectivity and bandwidth.”

Advertisement
Marshall RT

Approximately 70% of Aeroflex's revenue is focused on commercial markets with exposure to wireless, space, microelectronics, industrial, energy and other sectors. This will increase the proportion of Cobham’s commercial revenue from 35% to some 42% of the total, on a pro forma basis, and builds on Cobham’s focus on connectivity capabilities, customers and characteristics.

Advertisement
ODU RT 2

Aeroflex operations will be integrated into Cobham’s Advanced Electronic Solutions and Communications and Connectivity sectors.

The scale and complementary nature of this transaction is expected to enable Cobham to unlock significant synergy benefits, generating increased shareholder value, while supporting customers even more effectively.
 

Advertisement
General Atomics LB
British Airways and Virgin Atlantic CEOs to speak at Sustainable Skies World Summit 2024

Aerospace

British Airways and Virgin Atlantic CEOs to speak at Sustainable Skies World Summit 2024

28 March 2024

Aviation leaders Shai Weiss, CEO of Virgin Atlantic and Sean Doyle, CEO of British Airways as keynote speakers at the Sustainable Skies World Summit 2024.

Airframe Designs helps to lead additive manufacturing industry body

Aerospace

Airframe Designs helps to lead additive manufacturing industry body

27 March 2024

Airframe Designs has joined a national industry body to help lead the development of additive manufacturing and 3D printing in the UK.

Leonardo secures presence at Bahrain International Airshow

Aerospace Defence Events

Leonardo secures presence at Bahrain International Airshow

26 March 2024

Italian aerospace, defence and security firm, Leonardo has secured its presence at the Bahrain International Airshow for the seventh year.

Made Smarter and tech institutes to demystify digital transformation

Aerospace

Made Smarter and tech institutes to demystify digital transformation

26 March 2024

Made Smarter and leading technology demonstrators have joined forces to demystify digital transformation with a new white paper.

Advertisement
Marshall RT 2
Britten-Norman secures new investment

Aerospace

Britten-Norman secures new investment

25 March 2024

Britten Norman has secured new investment from a group of investors led by 4D Capital Partners LLP (“4D”) The new investors are making funds available to Britten-Norman to fund working capital and to drive successful long-term growth.

First disability flying lessons to be launched at Kent airport

Aerospace

First disability flying lessons to be launched at Kent airport

25 March 2024

The UK’s disabled flying charity Aerobility has partnered with Lydd Aero Club in Kent to provide opportunities for lessons and experience flights for people living with disabilities, at Kent airport.

Advertisement
Advanced Navigation RT