A sustained program of corporate integration and investment in manufacturing and customer support is giving Meggitt greater focus and a more strategic position in the aerospace and defense markets. The UK-based group has long had a reputation for market-leading technology, but has arguably not fully exploited the synergies among its diverse product groups.
According to Meggitt chief executive Terry Twigger, this situation is improving thanks to moves over the past year to restructure the group around three core product areas: sensing systems, aerospace equipment and defense systems. “By grouping what we do around similar technology and customers, our organization is definitely more logical today,” he told Aviation International News. “Our customers can choose from a package of related products, and we are also making Meggitt an easier company to deal with.” One clear strategic goal for the group is to increase the value of sales by providing more subsystems and bundling product packages for aircraft programs.
