Meggitt is now part of Parker Aerospace, bringing together industry-leading experience and innovation, and a more powerful product and service offering for the aerospace and defense industries. Collectively we bring to market a wider range of breakthrough airframe and engine technologies that solve greater customer challenges. We will continue to play a leading role in enabling the next generation of sustainable aviation and accelerate our work supporting aftermarket customers.
Parker Aerospace and Meggitt customers will benefit from an expanded product line with new capabilities to grow a more-electric portfolio as we work towards net zero carbon emissions. We are excited to bring this expanded business that promises even more engineering breakthroughs that will lead to a better tomorrow.
Innovation is about more than technology for both organizations; it’s about how we think. From pushing the frontiers of technology to challenging the way we continuously improve our processes. Together we are poised to bring new thinking and further innovative approaches in evolving aerospace markets, programs and clean technology.
Our integration teams have been working to ensure a seamless transition, our work for customers and with suppliers remains business as usual. This transaction allows us to support our customers better in a variety of meaningful ways
Parker Meggitt is an international leader in the aerospace, defence, and energy markets, employing more than thousands of people at over manufacturing facilities and regional offices worldwide. Working closely with its customers, we deliver technologically differentiated systems and products for the most demanding environments with high certification requirements for applications across its core end markets.
Through focusing on engineering and operational excellence, Meggitt builds broad installed bases of equipment and provides services and support across a fleet of approximately 73,000 aircraft. Headquartered in the United Kingdom, defence business accounts for 46 percent of Meggitt Group revenue with over 70 percent of revenue derived from its core US market.