Meggitt completed the acquisition of Cobham Advanced Composites for $200m.

Meggitt, a leading international engineering group specializing in aerospace, defense, and energy markets, has completed the acquisition of advanced composites businesses of Cobham for $200m. The Businesses are global leaders in the design, development, and production of highly engineered aerospace composite engine components (spinners, internal multi-stage components, exhaust flaps), radomes (C4I and defensive measures radomes, with a growing position in civil radomes) and complex secondary structures (air-to-air refuelling, structural munitions components). Businesses will be integrated into Meggitt Polymers & Composites, a division of Meggitt. “The acquisition represents a major step in strengthening our composites capability. The advanced composites businesses of Cobham are highly complementary to Meggitt’s business model, with strong technology positions, a significant level of sole-source content and substantial growth opportunities in commercial aerospace," Stephen Young, Meggitt Group Chief Executive.