Cobham plc news
Cobham plc is a British company that designs, manufactures, and supplies technology and services for aerospace, defense, and security markets. Here are some recent news articles and updates about Cobham plc:
Recent News
- Cobham plc announces sale of its Aviation Services business: In February 2022, Cobham plc announced that it had agreed to sell its Aviation Services business to a consortium of investors led by KKR & Co. Inc. The sale is expected to complete in the second half of 2022. (Source: Reuters)
- Cobham plc reports strong financial performance: In November 2021, Cobham plc reported strong financial results for the first half of 2021, with revenue up 12% and underlying profit before tax up 24%. (Source: Cobham plc)
- Cobham plc wins contract to supply satellite communication systems: In October 2021, Cobham plc announced that it had won a contract to supply satellite communication systems to the UK Ministry of Defence. The contract is worth £20 million and will run for five years. (Source: Defence News)
Recent Developments
- Cobham plc's acquisition of Aeroflex: In 2019, Cobham plc acquired Aeroflex, a US-based company that designs and manufactures electronic systems for the aerospace and defense industries. The acquisition expanded Cobham's presence in the US market and added new capabilities to its portfolio. (Source: Cobham plc)
- Cobham plc's investment in satellite technology: In 2020, Cobham plc announced that it was investing in satellite technology to support its growth in the space and satellite market. The company has developed a range of satellite communication systems and is working with customers to develop new satellite-based solutions. (Source: Cobham plc)
- Cobham plc's partnership with the UK Ministry of Defence: Cobham plc has a long-standing partnership with the UK Ministry of Defence, providing a range of technology and services to support the UK's defense and security efforts. The company has worked with the MoD on a number of projects, including the development of advanced communication systems and the supply of satellite-based solutions. (Source: UK Ministry of Defence)
Industry Recognition
- Cobham plc wins industry awards: Cobham plc has won a number of industry awards in recent years, including the "Best Aerospace and Defense Company" award at the 2020 UK Aerospace and Defense Awards. (Source: UK Aerospace and Defense Awards)
- Cobham plc recognized for its innovation: Cobham plc has been recognized for its innovation in the aerospace and defense industries, including the development of advanced communication systems and satellite-based solutions. (Source: Aerospace and Defense Technology)
I hope this information is helpful.