Welcome to our dedicated page for Transdigm Group news (Ticker: TDG), a resource for investors and traders seeking the latest updates and insights on Transdigm Group stock.
TransDigm Group Incorporated (NYSE: TDG) is a leading provider of proprietary aerospace components for commercial and military aircraft. This page aggregates official news releases and market updates related to the company’s engineered systems, strategic acquisitions, and financial performance.
Investors and industry professionals will find comprehensive coverage of earnings announcements, product developments, and operational milestones. Our curated collection includes updates on TDG’s power/control systems, airframe components, and defense sector innovations, providing essential insights into this specialized aerospace supplier.
Key updates include quarterly financial results, merger & acquisition activity, engineering breakthroughs, and military contract awards. All content is sourced directly from company filings and verified industry publications to ensure accuracy.
Bookmark this page for streamlined access to TransDigm’s latest developments in aircraft ignition systems, electromechanical controls, and aftermarket services. Check back regularly to stay informed about this NYSE-listed leader in mission-critical aviation components.
TransDigm Group (NYSE: TDG) has announced a definitive agreement to acquire Calspan Corporation, a provider of aerospace and defense testing services, for approximately $200 million in revenue anticipated for calendar year 2023. This acquisition is expected to close during TransDigm's fiscal 2023, pending regulatory approvals. Calspan, which employs about 625 people and operates from seven facilities, will enhance TransDigm's operating model and boost its aftermarket capabilities. CEO Kevin Stein expressed optimism about creating equity value and aligning with long-term return objectives through this acquisition.
TransDigm Group (NYSE: TDG) reported strong first-quarter results for fiscal 2023, with net sales of $1,397 million, representing a 17% increase year-over-year. Income from continuing operations rose by 40% to $229 million, while earnings per share reached $3.33, up 70% from the prior year. The company's EBITDA as defined grew by 24% to $699 million, achieving a margin of 50.0%. TransDigm raised its fiscal 2023 guidance, anticipating net sales between $6,070 million and $6,240 million, a rise from $5,429 million in fiscal 2022. Positive trends in the commercial aerospace market contribute to the optimistic outlook.
TransDigm Group (NYSE: TDG) announced it will report its fiscal 2023 first quarter earnings before the market opens on February 7, 2023. A conference call is scheduled for 11:00 a.m. ET on the same day, where participants can join by registering in advance. The call will be accessible via a live audio webcast at the company's website, which will also host an archived version for later playback. TransDigm operates as a leading supplier of engineered aircraft components for commercial and military aircraft, offering a diverse range of products including actuators, ignition systems, and cockpit security components.
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