Ultra last week agreed to a 2.6-billion pound ($3.6-billion, 3.0-billion-euro) takeover from Cobham, the former London-listed defence giant now owned by Advent.
US private equity group Advent has pledged to protect sensitive government information and keep Cobham's headquarters in Britain.
"While this is a commercial matter for the companies involved, we are closely monitoring the transaction," a government spokeswoman told AFP Tuesday.
Advent had agreed to buy Cobham in 2019 in a 4.0-billion pound deal approved by the UK government after a national security probe. That transaction completed early last year.
Cobham is known for pioneering technology enabling the mid-air refuelling of planes, while it also makes electronic warfare systems and communications for military vehicles.
| The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes. |
