Draken completed the acquisition of FR Aviation from Cobham.

Draken International, an American provider of tactical fighter aircraft for contract air services including military and defense industry customers, completed the acquisition of FR Aviation, an aviation business in the UK, from Cobham, a British manufacturing company and Advent's subsidiary. Financial terms were not disclosed. With the acquisition of FR Aviation's fleet of fifteen Falcon 20s and one Diamond DA42, Draken has not only expanded its inventory: it also gains access to the European market, giving hope of future business with the USAFE, NATO and, of course, the UK military.