TransDigm Group Inc. [TDG] on June 23 said it has completed its $1 billion cash acquisition of Data Device Corporation (DDC) from the private equity firm Behrman Capital, adding engineered products with substantial aftermarket content.DDC is expected to have $200 million in sales this year with about 75 percent coming from the defense market and the rest mostly from the commercial transport market. About 70 percent of DDC’s revenue comes from the aftermarket, with most of its revenue from proprietary…
Contract Updates
Intertrade Limited (Cedar Rapids, Iowa) – $9,272,637
Intertrade Limited, Cedar Rapids, Iowa, has been awarded a maximum $9,272,637 firm-fixed-price contract for F-16 generator controls. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a four-year…
Cottonwood Inc. (Lawrence, Kansas) – $44,370,000
Cottonwood Inc.,** Lawrence, Kansas, has been awarded a maximum $44,370,000 firm-fixed-price, indefinite-quantity contract for aircraft cargo tie down straps. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(5), as stated in Federal Acquisition Regulation 8.7. This is…
Teva Pharmaceuticals USA Inc. (Parsippany, New Jersey) – $46,087,497
Teva Pharmaceuticals USA Inc., Parsippany, New Jersey, has been awarded a maximum $46,087,497 modification (P00009) exercising the third one-year option period of a five-year base contract (SPE2DP-20-D-0002) with five one-year option periods for adenovirus type 4 and type 7 vaccines.…
Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $64,111,631
Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $64,111,631 delivery order (SPRTA1-26-F-0034) and modification (P00015) to a four-year subsumable base contract (SPRTA1-19-D-0001) with one five-year option period for additional pricing for the manufacture and production of…
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