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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Cobham plc    COB   GB00B07KD360

COBHAM PLC

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Cobham : Advanced Electronic Solutions Hires First Chief Operating Officer

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10/29/2018 | 11:12am EDT

ARLINGTON, VIRGINIA - Cobham Advanced Electronic Solutions (CAES), a leading defense and aerospace electronics manufacturer, announced today that Shawn Black will join CAES as Chief Operating Officer.

'I am pleased to have Shawn join our Executive Leadership Team. In this new role Shawn will be instrumental to CAES' future success as he will provide critical leadership and vision that will drive into operational strategies to achieve the organization's overall business goals. He will also assume all profit and loss responsibility, as well as driving operational excellence at all 16 CAES facilities,' says Jill Kale, President of Cobham Advanced Electronic Solutions.

Shawn brings a wealth of knowledge and deep expertise in the defense industry. He has spent 15 years at Leonardo DRS, a U.S. based defense contractor, where he held numerous leadership positions, including his most recent role as the Vice President and General Manager of the Electro-Optical & Infrared Systems business. Shawn also served in the United States Marine Corps.

Shawn holds a bachelor's degree in chemical engineering from Pennsylvania State University, and a master's degree in business administration from Boston University.

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About Cobham Advanced Electronic Solutions (CAES)
CAES provides critical solutions for communication on land, at sea, and in the air and space, by moving data through off-the-shelf and customized products and subsystems including RF, microwave, millimeter wave, and high reliability microelectronics, antenna apertures and motion control solutions.

Cobham Advanced Electronic Solutions supplies defense, aerospace, security, medical, and industrial markets.

About Cobham
Cobham is a leading global technology and services innovator, respected for providing solutions to the most challenging problems, from deep space to the depths of the ocean. We employ more than 10,000 people on five continents, and have customers and partners in over 100 countries, with market leading positions in: wireless, audio, video and data communications, including satellite communications; defense electronics; air-to-air refueling; aviation services; life support and mission equipment.

Inquiries

Cobham
Amy Palguta
Media Relations
+1 703 414 5318
Amy.Palguta@cobham.com

Disclaimer

Cobham plc published this content on 29 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 October 2018 16:11:04 UTC

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Financials (GBP)
Sales 2019 1 944 M
EBIT 2019 218 M
Net income 2019 85,5 M
Debt 2019 57,4 M
Yield 2019 1,11%
P/E ratio 2019 34,7x
P/E ratio 2020 25,4x
EV / Sales2019 1,49x
EV / Sales2020 1,39x
Capitalization 2 838 M
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 126,00  GBp
Last Close Price 119,15  GBp
Spread / Highest target 25,9%
Spread / Average Target 5,75%
Spread / Lowest Target -10,2%
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Managers
NameTitle
David C. Lockwood Chief Executive Officer & Executive Director
Michael Peter Wareing Non-Executive Chairman
Chris Shaw Chief Operations Officer
David Anthony Mellors Chief Financial Officer & Executive Director
Alison J. Wood Independent Non-Executive Director
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