Eaton Buys Cobham’s Aerial Refueling Unit In $2.8B Deal

Credit: Cobham
LONDON—British defense group Cobham is selling off its aerial refueling business to Eaton in a controversial $2.83 billion deal. Aerial refueling has long been seen as one of the crown jewels of Cobham’s business. The company pioneered the technology after the Second World War and its refueling...

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