integrated into multiple platforms, including the CFM International CFM56, General Electric GEnx, Rolls-Royce Trent and PowerJet SaM146 turbofan engines, amongst others. 2010–2020 In 2010, the company restructured itself into five new divisions; consequently, all business units of Meggitt have operated thereafter through divisional management. In 2011, Meggitt acquired the Pacific Scientific Aerospace Group, a component supplier of both civilian and military aerospace sectors; this acquisition included Securaplane Technologies Inc., an aerospace camera and battery supplier involved in producing GS Yuasa's batteries for the Boeing 787 Dreamliner fleet, which was grounded in January 2013 due to multiple onboard battery fires. Subsequent investigation found that the charger was not at fault for the battery defects, clearing Meggitt products of culpability for the fires. During 2013, Meggitt's finance director, Stephen Young, took over as its CEO following Terry Twigger's retirement. In 2016, Tony Wood joined Meggitt as its CEO, becoming Chief Executive during the following year after Stephen Young's retirement. During 2015, the company began to build up its composites division via the acquisition of British manufacturer EDAC, as well as the advanced composites division of Cobham PLC. In 2018, Meggitt announced plans to relocate its UK headquarters from Bournemouth Airport to a purpose-built facility in Ansty, Warwickshire. In 2021, Parker Hannifin made an offer for the company, valuing it at £6.3 billion. The transaction was approved by the UK Court on 9 September 2022, and the acquisition completed on 13 September. Products Products include a target drone, Meggitt Banshee. See also Aerospace industry in the United Kingdom References External links Official site Engineering companies of the United Kingdom Aerospace companies of the United Kingdom Defence companies of the United Kingdom Companies formerly listed on the London Stock Exchange Manufacturing companies established in 1947 Companies based in Hampshire 3i Group companies 1947 establishments in England 2022 mergers and acquisitions British subsidiaries of foreign companies