Aerospace communications company Cobham plc can hold a conversation in space and in the depths of the ocean. Serving customers in more than a hundred countries, Cobham provides communication and connectivity technology for use in demanding environments like space, air, on land, in warzones and at sea. The company provides high-reliability electronics, antenna subsystems, satellite and radio, and media link-up. It also sells air-to-air refuelling systems, aircraft oxygen, cooling, and escape systems; and weapons carriage/release systems. Its aviation services provides maintenance, modification, and training services for military aircraft and crews.
Cobham operates four business units: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions and Aviation Services.
The Communications and Connectivity segment, the largest of the four at over 35% of total sales, provides aircraft and communication equipment; satellite communication equipment for land, sea and air, and test and measurement instrumentation for radio frequency, cellular communications and wireless networking.
Mission Systems, which brings in around 20% of revenue, makes safety and survival systems for extreme environments, nose-to-tail aerial refuelling systems and wing-tip to wing-tip mission systems for fast jets, transport aircraft and rotorcraft. It also makes remote-controlled bomb disposal robots.
Advanced Electronic Solutions makes off-the-shelf and customized communication systems for land, at sea, air and space applications; products include radio frequency, microwave, and high reliability microelectronics, antenna subsystems and motion control solutions. This encompasses defense, wireless/mobile and fixed broadband, and X-ray imaging. The segment accounts for over a quarter total sales.
Aviation Services, representing around 20% of total sales, delivers outsourced military aviation training, outsourced commercial aviation, and fly-in-fly-out services to the natural resources industry and aircraft engineering.
UK-based Cobham rings up nearly half of its sales in the US, and has manufacturing operations in the UK, the US and continental Europe.
Sales and Marketing
Cobham serves markets such as defence, specialist aviation services, aerospace, wireless, and space. Its commercial market alone accounted for 38% of sales in fiscal 2015. US Defense/Security accounts for around 36% and non-US defense market accounts for over 25%.
Note: Growth rates may differ after conversion to US Dollars.
In 2015, sales grew 12% on prior year to £2.0 billion due to the contribution of the acquired Aeroflex business, the operations of which have been spread across Advanced Electronics and Communications and Connectivity. Both segments saw negative organic growth, however.
Net income fell again, down £67 million to £37.8 million as a result of an increase in administration costs relating to the Aeroflex deal. Cash from operating activities was up 13% to £189.1 million.
In 2014 Cobham embarked on a series of acquisitions -- notably the $1.5 billion purchase of Aeroflex -- that left the company saddled with debt and put it in a precarious position. In order to raise some cash, Cobham has begun selling off units outside its core defense, aerospace, and space portfolio. In 2018 it agreed to sell its wireless and avionics communication business to US firm Viavi Solutions for $455 million.
10 COBHAM DR
Orchard Park, NY 14127-4195
Phone: 1 (716) 662-0006
Employer Type: Privately Owned
Director: Carrie Doonan
Assistant Vice President: Marilyn Kail
Director: Robin Shoop
Employees (This Location): 277
Employees (All Locations): 815
Orchard Park, NY