Eaton to Acquire Ultra PCS Limited for $1.55 Billion to Boost Aerospace Portfolio

ETN
October 02, 2025

Eaton announced it has signed an agreement to acquire Ultra PCS Limited from the Cobham Ultra Group for $1.55 billion. This acquisition is aimed at strengthening Eaton’s position in fast-growing aerospace markets, augmenting its portfolio in both military and civilian aircraft.

Ultra PCS, headquartered in Cheltenham, U.K., produces electronic controls, sensing, stores ejection, and data processing solutions for global aerospace customers. The company estimates 2025 sales of approximately $240 million.

The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first half of 2026. Eaton anticipates that Ultra PCS’s strong growth position on high-margin business will be accretive to Eaton's financial performance.

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