What happened to Racal Milgo Ltd Hook Hants UK pensions part of Racal electronics group Bracknell Berkshire?

Racal Milgo Ltd, a subsidiary of the Racal Electronics Group, experienced significant changes in the late 1990s and early 2000s, leading to the restructuring of its pension schemes. Following the sale of various divisions and the overall reorganization of Racal Electronics, pension obligations were impacted, resulting in some pension funds being transferred or restructured. Subsequently, the remaining pension plans were managed under the broader Racal Electronics framework, which eventually became part of Thales Group after its acquisition in 2000. As a result, pension beneficiaries faced uncertainties regarding their entitlements during this transitional period.