the air ducting system for its new C-295 utility transport aircraft. In 1998, Raytheon Aircraft awarded the company a contract to supply solid state altimeters and secondary flight display systems for numerous business aircraft, including the Beech King Air, Beech 1900D, Hawker 800XP and Hawker Horizon, in its lineup. Later that year, Boeing announced that Meggitt would be its sole supplier of solid-state electronic standby instrumentation for all of its airlines. 2000–2009 During 2001, a new CEO, Terry Twigger, took over at Meggitt. The company continued to expand through numerous acquisitions throughout the 2000s. In 2002, it arranged to acquire Lodge (Brothers), a British manufacturer of speed and temperature sensors for aero engines, from Smiths Aerospace. During the following year, Meggitt bought Western Design, which manufactured automated ammunition-handling apparatus and environmental control systems. In 2003, it acquired Caswell International, a provider of high-tech live fire training systems. During 2004, the company, in cooperation with The Carlyle Group, bought the Dunlop Standard Aerospace Group's design and manufacturing divisions; the deal included Dunlop Aerospace Braking Systems, Dunlop Ice Protection & Composites, Dunlop Precision Rubber; Dunlop Equipment, Serck Aviation, and Stewart Warner South Wind. This rapid acquisition rate led to Meggitt's high increases in annual revenue around this period. During 2005, Meggitt acquired sensors and electronics specialist Sensorex; that same year, it also bought ECET, an airborne electronic equipment and ignition systems manufacturer, as well as refuelling equipment specialist Avery-Hardoll. In 2006, the company purchased both simulation provider Firearms Training Systems and compressor producer Airdynamics. By this point, the North American market comprised around 50 per cent of the firm's revenue stream. A year later, Meggitt acquired K&F Industries, the parent company of the Aircraft Braking Systems Corporation. During 2008, it bought Ferroperm Piezoceramics A/S, which manufactured high quality piezoceramic materials for sensors. The company launched several products throughout the decade, such as the Meggitt Avionics new Generation Integrated Cockpit (MAGIC) for business aircraft, bleed air leak detection (BALD) system, and its Electro-Thermal-based Ice Protection (ETIP) system, often choosing to promote its latest entries at the biennial Farnborough Air Show. Meggitt has been a long time supplier of Brazilian aircraft manufacturer Embraer; in 2018, it was announced that the company had been selected to provide various systems, including the pneumatic bleed air system, brake control system, and carbon brake units, of the firm's Legacy 450/500 business jet. Meggitt's vibration monitoring system was also