About Meggitt
Meggitt is a company based in Christchurch (United Kingdom) founded in 1947 by Eric Achtmann was acquired by Parker in August 2021. The company has 18 employees as of September 30, 2024. Meggitt has completed 4 acquisitions, including Elite Aerospace, Precision Engine Controls and Securaplane. Meggitt operates in a competitive market with competitors including Astronics Corporation, Woodward, Psionic, American Aerospace and AEVEX Aerospace, among others.
- Headquarter Christchurch, United Kingdom
- Employees 18 as on 30 Sep, 2024
- Founders Eric Achtmann
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Sectors
TechnologyAerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Meggitt Limited
- Date of Incorporation 11 Apr, 1947
- Jurisdiction COVENTRY, ENGLAND
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Annual Revenue
$2.16 B (USD)0as on Dec 31, 2020
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Net Profit
-$403.28 M (USD)0as on Dec 31, 2020
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EBITDA
Not available
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Latest Funding Round
$848.4 K (USD), Grant
Jun 01, 2021
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Investors
Parker
& 2 more
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Employee Count
18
as on Sep 30, 2024
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Investments & Acquisitions
Elite Aerospace
& 3 more
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Acquired by
Parker
(Aug 02, 2021)
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People of Meggitt
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Software Development Team
40 people
Leadership Team
31 people
Senior Team
16 people
Product Management Team
13 people
Sales and Marketing
10 people
Operations Team
8 people
Buyer Team
6 people
Division Team
6 people
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Funding Insights of Meggitt
Investors in Meggitt
Meggitt has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Parker, European Union and Capital Group.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investment management services are provided for long-term investors.
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Motion and control technologies are distributed globally by Parker.
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Investor details for Meggitt
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Investments & Acquisitions by Meggitt
Meggitt has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Elite Aerospace, Precision Engine Controls and Securaplane.
Investment portfolio details for Meggitt
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Repair and overhaul services for aircraft components are provided.
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Lithium-ion batteries are manufactured by Securaplane for specialized uses.
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Avionic systems for aircraft engine controls are developed and provided.
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Complete acquisition details for Meggitt
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Financial Statements - Meggitt
Detailed financials for Meggitt
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Meggitt Comparisons
Peer comparison for Meggitt
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Competitors of Meggitt
Meggitt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astronics Corporation, Woodward, Psionic, American Aerospace and AEVEX Aerospace, among others.
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Products are supplied to aerospace, defense, electronics, and semiconductor sectors.
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Innovative energy control solutions are provided for aerospace and industrial sectors.
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GPS-independent navigation systems are developed for land, air, and space.
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Develops unmanned aircraft systems for oil & gas, smart grid, & emergency response
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Airborne intelligence solutions are provided through specialized segments.
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Detailed competitors of Meggitt
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Latest news on Meggitt
Complete news archive for Meggitt
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Frequently Asked Questions about Meggitt
Meggitt was founded in 1947 and raised its 1st funding round 61 years after it was founded.
Meggitt is headquartered in Christchurch, United Kingdom.
As of Sep 30, 2024, the latest employee count at Meggitt is 18.
Annual revenue of Meggitt is $2.16B as on Dec 31, 2020.
Operations were established in 1947 in Christchurch, United Kingdom, with focus on the aerospace, energy, and defence industries. Components and sub-systems are produced across these segments, including aircraft braking systems, polymers, composites, thermal systems, and safety equipment in aerospace. Sensing systems encompass vibrometers, sensors, and piezoceramic materials. Defence products feature ground manoeuvring camera systems and high-definition cameras for cabin surveillance.
Meggitt's top competitors include Astronics Corporation, Innovative Solutions & Support and Constelli.
Meggitt has made 4 acquisitions, including Elite Aerospace, Precision Engine Controls, and Securaplane.
Meggitt has 3 investors. Key investors include Parker, European Union, and Capital Group.