After 1969 ERA began reorganising its mode of operation to reflect the rapidly changing technology base within the industries it served.
It also expanded into providing a wide range of engineering consultancy services for mechanical as well as electronic and electrical systems.
The trading operation, retaining the name ERA Technology, was run as a wholly commercial enterprise, responsible to its shareholders.
In September 2003, the company announced[3] the agreement to sell the entire issued share capital of ERA Technology to Cobham plc.
In March 2011, Cobham plc completed the divestment of the engineering consultancy group of Cobham Technical Services to Edif Group (a company backed by Phoenix Equity Partners, a UK mid-market private equity investor).,[6] which took the legal entity name "ERA Technology Ltd".