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TT Electronics buys Ferranti Power & Control

by Marc Selinger

UK-based TT Electronics has expanded its capabilities and scale by acquiring the Power and Control (P&C) business of Elbit Systems UK's Ferranti Technologies subsidiary for GBP9 million (USD12 million) in cash, TT announced on 10 January.

Based in England's Greater Manchester region, Ferranti P&C designs and manufactures power and control devices for air, land, and naval systems. Its products include power converters, motor controllers, and emergency power equipment. About 60 Ferranti employees will move to TT as part of the deal.

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Company acquisitions Company and product strategies Company financial information Defence companies and markets Divestments United Kingdom
https://www.janes.com/defence-news/news-detail/tt-electronics-buys-ferranti-power-control

UK-based TT Electronics has expanded its capabilities and scale by acquiring the Power and Control (...

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