Smiths Aerospace
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| Smiths Aerospace Limited | |
 |
|
| Type | Private |
|---|---|
| Founded | 1963-01-03 |
| Headquarters | London, United Kingdom |
| Industry | Engineering |
| Revenue | GB£1,020 mil. (2006)[1] |
| Employees | 11,000[1] |
| Parent | Smiths Group GE-Aviation (pending) |
| Slogan | Bringing technology to life |
| Website | smiths-aerospace.com |
Smiths Aerospace is the largest European based aerospace equipment company with its businesses and sales revenues split between Europe and North America.
The company is one of four business units of Smiths Group plc., an engineering company and constituent of the FTSE 100 share index. However, it was announced on January 15, 2007 that General Electric is planning to acquire Smiths Aerospace for £GB2.4 billion (US$ 4.8 billion).[2] Smiths Aerospace, which is an important supplier, will become an operating subsidiary of GE-Aviation. This will reportedly give the combined unit the clout to resist pricing pressures from its two largest customers, Boeing Commercial Airplanes and EADS Airbus.[2] Analysts further assert that it will enable General Electric to acquire assets similar to those which it desired in its failed bid for Honeywell in 2000.[2]
[edit] Products
- Its electronic and mechanical systems businesses include integrated modular avionics, flight management and stores management systems, recording and analyzing of voice, video and data. Crew information and mission planning. Other products include power generation and distribution, fuel gauging, management and aerial refueling systems and environmental conditioning. Systems essential to aircraft performance includes flight controls, thrust reversers, landing gear and hydraulic systems.
- The engine component capabilities include engine ring technology, supplying complex gas turbine engine components to every major engine program worldwide.
- The company also operates a global customer services organisation which provides support for 1,500 customers in 140 countries through a network of local centers.
The company is involved with Boeing's KC-767[3] and F/A-18E/F Super Hornet, Lockheed Martin's F-35 Lightning II, F-22 Raptor, and C-130J Hercules, and the Eurofighter Typhoon. Smiths engine components equip many major military and civil gas turbine engines, providing critical technologies from intake to exhaust.
[edit] History
Smiths Aerospace was formed from the take over of TI Group's aerospace activities, including firms such as Dowty Rotol.
[edit] References
- ^ a b "GE To Acquire Smiths Aerospace, Extending Aviation Offerings; Plans JV with Smiths Group To Build Global Detection Business." GE-Aviation official press release. January 15, 2007.
- ^ a b c "Smiths To Sell Aerospace Ops To GE For $4.8B." McGrath, S.; Stone, R. The Wall Street Journal. January 15, 2007.
- ^ "Boeing Unveils Air Force Tanker In $40 Billion Contract Competition." Borak, D. Associated Press. February 12, 2007.
