Cobham Limited
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Cobham Limited
Cobham Limited is a British aerospace manufacturing company based in Bournemouth, England. Cobham was originally founded by Sir Alan Cobham as Flight Refuelling Limited (FRL) in 1934. During 1939, British airline Imperial Airways performed several non-stop crossings of the Atlantic using equipment provided by FRL. During the late 1940s, the company's aerial refuelling equipment broke new ground, including a round-the-world flight by specially-equipped Boeing B-50 Superfortresses in 1948 and the demonstration of the now-widely used Aerial refueling#Probe-and-drogue, 'probe and drogue' method of air-to-air refuelling for the first time in 1949. A wide range of aircraft have since been equipped with Cobham's refuelling equipment. The company has grown and diversified into various markets, often through acquisitions. Michael Cobham, Alan's son, took over its leadership during 1969. During 1994, the firm was formally renamed Cobham plc; by this point, the company had in excess of 1 ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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