TransDigm to Acquire Portfolio of Assets for $240M in Cash
Dow Jones
Sep 22
TransDigm Group plans to acquire a portfolio of commercial rotorcraft, land systems and business jet products for about $240 million in cash.
The company's operating unit Extant Aerospace entered a definitive agreement for the transaction, which includes a facility in California, according to a Monday filing with the Securities and Exchange Commission.
TransDigm said that while it does not typically disclose asset acquisitions by its operating units, it chose to share the deal based on the total value of the transaction.
The company expects the acquisition to close during its fiscal year 2027, subject to regulatory approvals and customary closing conditions.
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