Eaton, an intelligent power management company, announced an agreement to acquire Ultra PCS Limited from the Cobham Ultra Group for $1.55 billion. The transaction, subject to customary closing conditions and regulatory approvals, is expected to close in the first half of 2026. Ultra PCS, headquartered in Cheltenham, U.K., with operations in the U.K. and U.S., produces electronic controls, sensing, stores ejection, and data processing solutions for aerospace applications, with estimated 2025 sales of approximately $240 million.
The acquisition will integrate Ultra PCS’s solutions for safety and mission-critical aerospace systems into Eaton’s portfolio, serving both military and civilian aircraft. John Sapp, president of Eaton’s Aerospace Group, stated that combining Ultra PCS’s products and aftermarket services with Eaton’s will address customer needs in aerospace solutions. Eaton expects the acquisition to contribute to its financial performance.
Eaton, founded in 1911, reported 2024 revenues of nearly $25 billion and operates in over 160 countries, focusing on power management for industries including aerospace, data centers, and mobility. The company emphasizes sustainability and electrification. The announcement includes forward-looking statements about the acquisition’s impact, noting risks such as market changes, supply chain disruptions, competitive pressures, and regulatory challenges that could affect outcomes. More information is available at www.eaton.com.
