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Business/Financial

TransDigm Completes $525 Million Acquisition Of Extant Aerospace

By Cal Biesecker

Tuesday, April 24th, 2018

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TransDigm Completes $525 Million Acquisition Of Extant Aerospace

TransDigm Group Inc. [TDG] has completed its $525 million cash acquisition of Extant Components Group, strengthening its position in the aftermarket for both military and commercial aerospace products.Extant gets 80 percent of its sales from the aftermarket, with the military end market accounting for the majority of revenue. Extant expects to generate about $85 million in sales for the year ending September 2018. The deal was first announced in March and TransDigm said at the time that Extant’s business model, which…

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