Cobham Buys Aeroflex For $1.4bn

US defence and security giant Cobham has completed its acquisition of Aeroflex, a supplier of test equipment for avionics.

US defence and security giant Cobham has completed its acquisition of Aeroflex, a supplier of test equipment for avionics.

The $1.4bn deal, originally announced in May, was completed today (September 15) following approval from shareholders and regulators.

According to Cobham, acquiring Aeroflex will markedly increase the proportion of revenue it generates from the commercial sector.

Aeroflex’s operations are to be integrated into Cobham’s advanced electronic solutions and communications and connectivity divisions.

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