Aerospace Group:

TransDigm Completes $1 Billion Acquisition Of Data Device Corporation

Wednesday, July 6th, 2016

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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…

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