Eaton to acquire Ultra PCS from Cobham Ultra for $1.55bn.

Eaton, an intelligent power management company, agreed to acquire Ultra PCS, a producer of electronic controls, sensing, stores ejection and data processing solutions for aerospace customers, from Cobham Ultra, a defence electronics solutions provider, for $1.55bn. "Combining Ultra PCS products and aftermarket services with Eaton’s will enable us to better serve our customers’ needs with tailored, next-generation aerospace solutions. We look forward to welcoming Ultra PCS to Eaton and combining our 200-year history of technology and innovation in safety and mission critical systems," John Sapp, Eaton Aerospace President.