Eaton has not forgotten about aerospace and defense (A&D). That's the message from Sandy Cutler, the chairman and CEO of the 72,000-employee industrial conglomerate. After moving aggressively to create a leading supplier of aircraft hydraulic, fuel, motion control and propulsion/air management systems, Cutler might be accused of turning his attention elsewhere. Eaton has not made an A&D acquisition in five years, and the sector accounted for just 10% of the company's $16 billion in ...

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