Meggitt Ltd - Company Profile
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Meggitt Ltd (Meggitt) is a manufacturer of components and sub-systems for the aerospace and defense markets. Geographical presence, customer base, and synergy from parent company are the company's major strengths, even as decline in defence segment revenue remains a cause for concern. The global aircraft market, global aerospace and defense market, and agreements and partnerships are likely to provide growth opportunities for the company. However, labor costs in UK, intense competition, and foreign exchange risk could affect its operations.
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