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Business/Financial

TransDigm To Acquire Aircraft Actuation Business From Teleflex

DDN

Tuesday, November 30th, 2010

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TransDigm Group [TDG] yesterday said it has agreed to acquire the actuation business of Telair International for $94 million in cash, giving it proprietary capabilities and additional aftermarket content. The actuation business unit manufactures highly engineered electro-mechanical products and other components for commercial and military aircraft, with two-thirds of sales coming from the commercial aerospace market and the rest from the military market. About two-thirds of revenues come from the aftermarket. The business is expected to have $25 million in…

Congress

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Congress

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Congress

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House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]