Eaton to acquire Ultra PCS Limited for $1.55B

Eaton (ETN) announced it has signed an agreement to acquire Ultra PCS Limited from the Cobham Ultra Group. “Ultra PCS’s innovative solutions for safety and mission critical aerospace systems will augment Eaton’s portfolio in both military and civilian aircraft. We expect Ultra PCS’s strong growth position on high-margin business to be accretive to Eaton.” Under the terms of the agreement, Eaton will pay $1.55B for Ultra PCS. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the first half of 2026.