S-Tec buy a boost for UK’s Cobham
UK aerospace and defense firm Cobham’s decision to buy autopilot maker S-Tec from Meggitt for $38 million could signal the emergence of a revitalized compe
UK aerospace and defense firm Cobham’s decision to buy autopilot maker S-Tec from Meggitt for $38 million could signal the emergence of a revitalized competitor in the market for integrated GA avionics systems.
A Cobham official said S-Tec’s Mineral Wells, Texas operation and its workforce of 180 employees will be added to the company’s portfolio of avionics businesses in North America, which also includes Chelton Flight Systems, Wulfsburg, NAT and Artex. Whereas these businesses have operated more or less independently since Cobham bought each of them over the course of the last half dozen years, the firm’s strategy for the future will rely on closer integration and tighter control.
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