TransDigm [TDG] on Wednesday said it has completed its $286 million cash acquisition of Arkwin Industries, giving it new products and additional aftermarket exposure. New York-based Arkwin, which had $95 million in sales last year, manufactures proprietary aerospace hydraulic and fuel system components for commercial and military aircraft. The major commercial aircraft its components are used on include the Boeing [BA] 737 and 777 jetliners, the Airbus 330 aircraft, and Bombardier and Embraer regional jets. Military aircraft that use Arkwin’s…
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Congress Updates
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The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
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The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
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House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0
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