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Business/Financial

Cerberus Capital Acquires Hypersonic Business From TransDigm, Stands Up New Company

By Cal Biesecker

Friday, May 31st, 2024

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Cerberus Capital Acquires Hypersonic Business From TransDigm, Stands Up New Company

David Meier, CEO of North Wind. Photo: Calspan

The private equity firm Cerberus Capital Management last Thursday said it has acquired the Calspan hypersonic and defense test systems business from TransDigm [TDG] and will create a new portfolio company focused on hypersonic testing. Terms of the deal were not disclosed. TransDigm acquired Calspan in 2023 (Defense Daily, March 14, 2023). Through the acquisition of Calspan Aero Systems Engineering and Calspan Systems, Cerberus has created North Wind, which will be an independent business focused on hypersonic test capability through…

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