Cobham identifies problem in safety equipment

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LONDON (ShareCast) - Defence group Cobham (LSE: COB.L - news) said its subsidiary Cobham Life Support has informed customers that there may be malfunctioning microchips in a water-activated release mechanism used by military aviators as part of their personal safety and survival equipment.

Cobham was notified of a US government investigation into the product, known as SEAWARS, in July. Cobham then started its own investigation of the specifications, manufacture and origin of parts used to make the product.

Cobham is recommending customers replace SEAWARS products that may be affected.

Cobham Life Support , which is based in St. Petersburg, Florida and accounts for about 3% of Cobham's turnover, specialises in life support and personal survival equipment including crew restraints, flotation gear, gas storage and release systems, crew and cargo release mechanisms.