Eaton completes acquisition of Ultra PCS Limited, expanding capabilities and solutions for next-generation aerospace and defense markets
Core Insights - Eaton has completed the acquisition of Ultra PCS Limited for $1.55 billion, enhancing its aerospace systems portfolio for both military and civilian aircraft [1][2] - Ultra PCS is expected to generate approximately $240 million in sales by 2025, contributing positively to Eaton's Aerospace sector growth [2] Company Overview - Eaton is an intelligent power management company focused on sustainability and improving quality of life, with nearly $25 billion in revenues projected for 2024 [3][4] - The company operates in various markets including aerospace, and aims to address global challenges in power management through electrification and digitalization [3]