Lot of ill informed rubbish on here. Cobham is not being relocated lock stock and two smoking refuelling hoses to the US, it has just been acquired by a private equity company, a company that has as its sole purpose the acquisition of other companies. It will remain a British headquartered company, it has just had a change of parent company in effect. This is a perfectly normal acquisition, the sort of thing that goes on all the time, and NOT just a one way street either. The UK is a huge inward investor into the US, and defence and aerospace companies figure large in that, in point of fact Cobham themselves have acquired quite a large number of US companies, that will still be run from the UK.