Eaton announced it has completed its acquisition of Ultra PCS Limited from the Cobham Ultra Group, a deal the company said will expand its capabilities in safety and mission-critical aerospace systems across both military and civilian aircraft. Eaton said it paid $1.55 billion for Ultra PCS under the terms of the agreement.
The power management company said the acquisition is intended to strengthen its position with aerospace customers and accelerate the expansion of offerings tied to next-generation aerospace platforms. Eaton also said it expects the transaction to support margin expansion and growth, citing Ultra PCS’s position in what it described as high-margin business.
Ultra PCS is headquartered in Cheltenham, U.K., with operations in the U.K. and the U.S. The company produces electronic controls, sensing products, stores ejection and data processing solutions that support aerospace missions in the air and on the ground, Eaton said. Ultra PCS estimates 2025 sales of about $240 million, according to the announcement.
Eaton said Ultra PCS’s growth profile and mix should be accretive to results in its Aerospace sector.
KEY QUOTE:
“With trusted products and innovative technology tailored to critical aerospace platforms, the addition of Ultra PCS enhances our mission systems offerings and strengthens our ability to support customers with the next generation of aerospace solutions. We welcome the Ultra PCS team to Eaton, and look forward to expanding and scaling our complementary capabilities in fast-growing defense and commercial markets.”
Pete Denk, President and Chief Operating Officer, Industrial Sector
