Aerospace Group:

Business/Financial

TransDigm To Sell Airborne Components Business Unit To Private Equity Firm

By Cal Biesecker

Tuesday, April 13th, 2021

SHARE:

TransDigm To Sell Airborne Components Business Unit To Private Equity Firm

Bracket made my Tactical Airborne Components. Photo: TAC

TransDigm Group Inc.’s [TDG] Belgium-based Technical Airborne Components (TAC) business unit on Tuesday said it has agreed to be acquired by the private equity firm Searchlight Capital Partners. Terms of the deal were not disclosed. TAC, which has about 170 employees, manufactures rods and struts for commercial aircraft, regional and business jets, helicopters, military aircraft and rockets. Some of the company’s customers include Airbus Group, Leonardo, Dassault, Eurofighter, Embraer and Arianespace. “We are delighted to be partnering with TAC and…

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]

Congress

Trump Signs Spending Package With $839 Billion Defense Bill, Ending Partial Shutdown

President Donald Trump on Tuesday signed a spending package to end the partial government shutdown that temporarily impacted the Pentagon, with the legislation having included the final $839 billion fiscal […]