Sign In
Search
Business/Financial

TransDigm To Acquire Esterline For $4 Billion In Deal That Expands Aerospace, Defense Products

Cal Biesecker By
SHARE:
TransDigm To Acquire Esterline For $4 Billion In Deal That Expands Aerospace, Defense Products
Hill Air Force Base F-35As fly in formation over the Utah Test and Training Range, March 30, 2017. (U.S. Air Force photo/R. Nial Bradshaw)

TransDigm Group Inc. [TDG] on Wednesday said it has agreed to acquire Esterline Technologies Corp. [ESL] for $4 billion in cash in a deal that expands its proprietary mix of products for the aerospace and defense markets.TransDigm expects the transaction to close in the second half of 2019 subject to regulatory approvals. The Ohio-based company said the acquisition should be “modestly accretive” to adjusted earnings in the first full-year of ownership.Esterline is expected to generate about $2 billion in sales…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Karman To Acquire Composites And Material Sciences Companies To Boost Navy Work

Business/Financial

Vatn Systems Acquires Company With Subsea Acoustic Sensing And Signal Processing Expertise

Business/Financial

Trump Says Defense Firms Must Build Weapons Faster, Arms Sales Take ‘Too Long’

Business/Financial

Space Radar, Satellite Startup Array Labs Raises $20 Million

Trending

Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
DHS Creates Program Executive Office for Drone and Counter-Drone Systems
Trump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”
Mach Industries Adds Counter Drone System To Product Portfolio
Northrop Grumman Says It’s Received Navy Contract for SSRM After Beating Anduril

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume