What Meggitt does

Meggitt (operating as Parker Meggitt since its September 2022 acquisition by Parker-Hannifin) is a diversified designer and manufacturer of safety- and mission-critical components and subsystems for the aerospace, defence, and energy markets. Founded in 1852 with heritage in altimeters and aerospace sensing, the company supplies an unusually broad portfolio spanning braking systems (wheels, carbon brakes, brake-control, and the Ebrake electric braking system), advanced composites (ice protection, radomes, structures), avionics (air data, flight displays), sensors, thermal management, fire protection, fuel systems, power conversion/distribution, condition monitoring (engine health/vibration monitoring, Vibro-Meter turbine protection), and defence systems (ammunition handling via MDSI, weapon scoring, crash-resistant fuel tanks). Its products are installed on nearly every major civil aircraft programme (A320, A350, A380, B737, B777, B787, Bombardier C-Series/A220) and on roughly 22,000 fixed-wing and rotary military aircraft plus ground platforms such as the M1A2 Abrams and F-35 JSF.

The business runs two primary revenue mechanics. First, original-equipment (OEM) hardware sales: components are designed into aircraft programmes during development and sold to airframers and defence primes (Airbus, Boeing, Bombardier, Lockheed Martin) and directly to government defence agencies (US Army, US Air Force, UK MoD) under negotiated long-term contracts. Second, a lifecycle aftermarket services stream (SMARTSupport) providing spares, MRO, and support across an installed base of over 73,000 aircraft and more than 10,000 part numbers, monetised through managed-service and power-by-the-hour frameworks. Pricing is not publicly disclosed and is negotiated bilaterally with OEM and defence customers.

The company is UK-headquartered in Coventry but is structurally an export business, generating over 90% of revenue outside the UK across more than 37 manufacturing facilities and regional offices in the UK, US, Vietnam, Singapore, and China, employing more than 9,000 people. Reported operating margins have historically been thin. Meggitt now operates as a wholly owned subsidiary within Parker Aerospace Group.

Name

Meggitt

Legal name

Meggitt PLC

Website

https://meggitt.com

Company type

Private

Founded year

1852

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Meggitt (now Parker Meggitt) designs safety- and mission-critical aerospace, defence, and energy components—braking, sensors, thermal management, composites, and condition monitoring—selling to aircraft OEMs and defence agencies, with a lifecycle aftermarket spares and MRO business.

Ownership category

akta.pro rank

Product category

Aerospace Components and Subsystems

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Industrial Instruments For Measurement, Display, And Control (3823), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Guidance, Navigation & Control (GNC) Electronics for Weapons (IMABAGAH)

Keywords

• Aerospace components
• Defense systems
• Thermal management
• Aircraft braking
• Condition monitoring

Headquarters

HQ city

Coventry

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure

Revenue model

1. Original Equipment (OEM) Components and Systems: Design, manufacture, and sale of aerospace, defence, and energy components and subsystems to original aircraft manufacturers (OEMs) for installation on new aircraft programmes. Products include sensors, brakes, thermal management, fire protection, fuel systems, avionics, and composites across civil, business jet, military, and energy end markets.
2. Aftermarket Services, Spares and MRO: Full service aftermarket offering including spares distribution and maintenance, repair and overhaul (MRO) to commercial, business jet, and defence customers throughout the lifecycle of products. Includes SMARTSupport contracts (e.g., multi-million pound contract with Lufthansa Technik AG). Supports over 73,000 aircraft globally with over 10,000 part numbers.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Meggitt (operating as Parker Meggitt within Parker Aerospace Group) designs, manufactures, and supports specialised aerospace, defence, and energy components and subsystems for civil, military, and energy customers. Its portfolio spans sensors, wheels and brakes (including the Ebrake electric braking system), thermal management, fire protection, fuel systems, avionics, advanced composites, power conversion, engine health monitoring, ammunition handling, weapon scoring, and printed circuit heat exchangers. It also provides full aftermarket spares and MRO services through its SMARTSupport organisation.

Product overview

Meggitt (now Parker Meggitt, acquired by Parker Hannifin in September 2022) is a diversified aerospace, defense, and energy equipment company offering an extensive portfolio of specialized products and systems. The portfolio spans advanced composites (ice protection, radomes, structures), avionics (air data systems, flight displays), braking systems (wheels, brakes, brake control including Ebrake electric braking), aircraft cameras & security, condition monitoring (engine health and vibration monitoring, turbine protection via Vibro-Meter), defense systems (ammunition handling via MDSI, thermal management, weapon scoring), electrical power (energy storage, power conversion, power distribution, power generation), engine systems (composites, ducting, flow control valves), fire protection & controls, fuel systems, motion control (actuators, electric motors, motor drives), safety systems (oxygen, restraints), comprehensive sensors (accelerometers, pressure, temperature, speed, position, fluid, ceramics), and thermal management (heat exchangers, thermal management systems). The company provides aftermarket support through SMARTSupport covering over 73,000 aircraft. Key products include the pioneering Ebrake electric braking system, iPRESS wireless tire pressure sensor, crash-resistant fuel tanks, and comprehensive engine health monitoring systems. Products are installed on major commercial aircraft programs (A320, A350, A380, B737, B777, B787) and military platforms including F-35 JSF.

Differentiator

Problem solved

Functional benefit

Brands

• SMARTSupport: Aftermarket services program providing OEM quality spares, repairs, and MRO services to keep aircraft airborne
• MDSI
• Heatric
• Vibro-Meter
• PreFlite
• Securaplane
• Whittaker Controls
• Ebrake
• iPRESS

Products and services

• Ice Protection Systems Electro-thermal ice protection systems that integrate heated structures within advanced composite materials, providing high strength, reduced weight, and superior corrosion resistance for helicopter blades, wings, spinners, and engine air inlets on civil and military aircraft.
• Radomes Complex radomes for civil and military air, ground, and sea platforms providing antenna and radar system protection with wide frequency range and low signal loss, including MSCAN and AESA nose radomes, Satcom radomes, and special mission radomes.
• Advanced Composite Structures Lightweight, complex structural components including secondary composite structures, air management ducting, auxiliary power components, engine cowlings, and interior panels for commercial and military aircraft.
• Air Data Systems Accurate and reliable air data computers, modules, and units providing pilots with altitude, airspeed, and local air data information, including ADM, ADU, HADS, and HIADC variants for civil and military aircraft.
• Flight Displays Flight deck instruments displaying flight, engine, and fuel systems information, including Engine Monitoring Display (EMD), Integrated Secondary Flight Display (iSFD), Secondary Flight Display Repeater (SFDR), and Threat Warning Indicator (TWI).
• Brake Control Systems Integrated braking systems including wheels, brakes, and brake control elements; pioneered brake-by-wire and the first electrical braking system on commercial aircraft, fitted on over 50 aircraft platforms.
• Tyre Pressure Monitoring Systems (TPMS) Wireless tyre pressure monitoring systems transmitting pressure data wirelessly across the stationary axle to rotational wheel interface, including the iPRESS long-range wireless system certified for retrofit on business jets and commercial aircraft.
• Wheels & Brakes Complete wheel and brake systems including Ebrake electric brakes, carbon brakes, and steel brakes for military, commercial, business jet, regional turboprop, and general aviation aircraft, with 20+ years of in-service carbon brake experience on more than 45 aircraft platforms.
• Aircraft Cameras High definition 1080p aircraft cameras including CMXHD external cameras, the Ground Manoeuvring Camera System (GMCS) standard on Boeing 777-300 aircraft, and cabin surveillance cameras for commercial jets, business jets, and military aircraft.
• Aircraft Security Systems (PreFlite) PreFlite aircraft ground security system with radar-based wheel well sensors, real-time alerts, GSM connectivity, and video recording for intrusion detection on parked business jets; industry standard recognised by all business jet OEMs.
• Engine Health and Vibration Monitoring Engine vibration monitoring systems enabling condition-based maintenance and power-by-the-hour commercial frameworks, including Engine Monitoring Unit (EMU), Engine Interface and Control Unit (EICU/EIPM), and oil debris monitoring for gas turbine engines.
• H2/O2 Analyser for Nuclear Power Plants High performance analytical systems for monitoring hydrogen and oxygen levels in boiling water reactors and pressurized water reactors; used since 1980 for critical nuclear facility safety monitoring.
• Turbine Monitoring and Protection Machinery protection and condition monitoring systems (Vibro-Meter product line) for power plants and oil and gas applications, monitoring gas turbines, steam turbines, motors, compressors, and pumps.
• Ammunition Handling Systems (MDSI) Automatic ammunition handling, loading, and resupply systems (MDSI) providing linear linkless feed systems for attack helicopters, ground vehicles, and gunships; capable of handling 300,000 rounds before maintenance.
• Thermal Management Systems Thermodynamic cooling systems for extreme environments including fans, pumps, compressors, and complete thermal management solutions for military vehicles (M1A2 Abrams Tank), helicopters, and aircraft including the F-35 JSF.
• Weapon Scoring Systems Radar-based projectile tracking and scoring systems for air, land, and sea training including Aerial Vector Scoring System (VSS), Shrink Vector Doppler Scoring System (SVDOPS), Aerial Weapons Scoring System (AWSS), and ProTrak systems.
• Energy Storage Lithium and lead acid battery systems for aerospace, including main ship and emergency batteries; Securaplane lithium batteries up to 50% lighter than NiCad alternatives, with battery chargers supplied for Boeing 787 and various business jets.
• Power Conversion AC/DC, DC/DC, and DC/AC power converters, transformer rectifier units (TRU), battery chargers, and permanent magnet alternators for more electric aircraft; Tier 1 supplier to Airbus with systems on A320, A330/340, A380, B777, B787.
• Power Distribution Power distribution solutions including power systems for de-icing and power distribution boxes providing protection, logic controls, and monitoring of power generating system components.
• Engine Composites Engine composite components for aerospace engines providing lightweight solutions for high-temperature environments in jet engines.
• Flow Control Valves High-pressure and high-temperature control valves functioning reliably in extreme conditions for engines, increasing efficiency, saving energy, and minimising emissions.
• Ducting Engine ducting systems for aerospace applications managing air flow in engine nacelles and related systems.
• Fire Protection and Controls Complete fire protection systems including bleed air leak detection, cables, electronic control units, fire and overheat detectors, and fire suppression systems, supported by 40 years of integration expertise.
• Fuel Systems and Tanks Crash-resistant fuel systems including fuel bladders and self-sealing tanks for aircraft and helicopters; world-leading supplier of fuel tanks to US military, with crash-resistant designs reducing fire-related deaths to near zero in survivable helicopter crashes.
• Actuators Motion control actuators for accurate movement of flight controls and actuation systems, offering high power-to-weight performance for helicopters and aircraft.
• Electric Motor Drives Electric motor drives for aerospace applications providing power management and control for various aircraft systems.
• Electric Motors Electric motors for aerospace applications including motors for galleys and other aircraft systems.
• Oxygen Systems Oxygen systems for military and civil aircraft markets with 60 years of specialist experience delivering safe and reliable crew oxygen solutions.
• Specialty Restraints Innovative and ultra-reliable specialty restraints for military and civil markets with decades of specialist experience.
• Aerospace Sensors Portfolio Comprehensive portfolio of highly engineered sensors measuring acceleration, pressure, temperature, speed, position, fluid levels, magnetic and current parameters, ceramics, and inertial data across aerospace, defence, and industrial applications.
• Heat Exchangers (Heatric PCHE) High performance heat exchangers including printed circuit heat exchangers (PCHE) from the Heatric division, world leader in diffusion bonded heat exchangers for aerospace, defence, energy, and oil and gas applications, with thousands of units in operation globally.
• SMARTSupport Aftermarket Service Global aftermarket support service providing OEM-quality spares and repairs to keep aircraft airborne, supporting over 73,000 aircraft with over 10,000 part numbers and including 24/7 Aircraft On Ground (AOG) emergency support.

Quantifiable outcome

• Crash-resistant fuel tanks reduced fire-related deaths in survivable helicopter crashes from 42% to near zero
• +4 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature13 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• AirbuscoreStrategic or Co-development PartnerPartnership with Airbus to develop an eBuffer in support of the ZEROe demonstrator programme for hydrogen-powered sustainable aviation. Parker Meggitt is a Tier 1 supplier to Airbus for power electronics.
• Lufthansa Technik AGcoreStrategic or Co-development Partner£multi-million 5-year SMARTSupport contract for the supply of spare parts and MRO services to support Lufthansa Technik's maintenance operations.
• Parker HannifinflagshipStrategic or Co-development PartnerParker Hannifin acquired Meggitt PLC in September 2022 for approximately $6.3 billion. Meggitt now operates as Parker Meggitt within the Parker Aerospace Group. The Meggitt integration has exceeded expectations according to Parker-Hannifin management.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Collins Aerospace (RTX): Aerospace systems integrator with overlapping portfolios in avionics, sensors, braking, thermal management, and fire protection; competes head-to-head with Meggitt on multiple commercial and military platforms.
• Honeywell Aerospace: Tier-1 supplier of avionics, sensors, environmental control, and power systems to OEMs and airlines; direct overlap with Meggitt in air data, flight displays, and engine health monitoring.
• Safran: French aerospace OEM and systems supplier active in landing systems/braking, sensors, and propulsion subsystems; competes with Meggitt on wheels & brakes and electrical systems.
• TransDigm Group: Acquisitive aerospace component supplier with similar proprietary-sole-source business model across valves, sensors, and power components; comparable aftermarket-heavy economics.
• Curtiss-Wright: Supplier of sensors, condition monitoring, and defense electronics with strong overlap in vibration/health monitoring (Vibro-Meter competes with Curtiss-Wright's legacy IM&D business).
• Moog Inc. Precision motion control and actuation specialist with overlapping content in flight-control actuators, military vehicle components, and energy equipment.
• HEICO: Aerospace aftermarket specialist (parts and components) with a similar proprietary-sole-source model and strong exposure to commercial and business-jet MRO.

Broad incumbents

• GE Aerospace: Dominant engine OEM and systems integrator that sources from and competes with Meggitt in engine composites, ducting, flow control valves, and engine health monitoring.
• Parker-Hannifin (parent): Owner of Parker Meggitt; broader motion-and-control conglomerate with adjacent electromechanical and hydraulic aerospace content that increasingly overlaps Meggitt's portfolio.

Emerging players

• L3Harris Technologies: Defense electronics prime with growing presence in sensors, guidance, and weapons-system integration; competes for content on platforms like F-35 where Meggitt supplies thermal management.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/meggittglobal
• YouTubeyoutube.com/channel/UClAevNve98kRsIwaBH3h2rA
• Facebookfacebook.com/meggittglobal
• LinkedInlinkedin.com/company/meggitt-plc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A12 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meggitt