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 described in its public communications as a global designer, producer and supplier of highly engineered aircraft components, with products used on commercial and military aircraft across the aerospace industry. This news page aggregates company press releases and third-party coverage so readers can follow how TransDigm reports on its operations, acquisitions, financing activities and financial performance over time.
Recent news items highlight TransDigm’s acquisition activity, including the completed purchase of the Simmonds Precision Products business from RTX Corporation and the acquisition of Servotronics, Inc., both of which are described as designers and manufacturers of specialized aerospace and defense components. Another notable announcement is a definitive agreement to acquire Stellant Systems, Inc., a designer and manufacturer of high-power electronic components and subsystems serving the aerospace and defense end market. These stories illustrate how TransDigm uses acquisitions to add proprietary, highly engineered products with aftermarket content to its portfolio.
Investors and industry observers can also find updates on TransDigm’s quarterly and annual financial results, where the company reports net sales, net income and non-GAAP measures such as EBITDA As Defined and adjusted earnings per share. Earnings releases often include commentary on performance in commercial OEM, commercial aftermarket and defense markets, as well as guidance for future periods. Additional news covers capital structure decisions, such as new debt offerings, amendments to credit agreements and special cash dividends, along with governance developments like leadership transitions and board appointments.
By reviewing this news feed, readers gain a consolidated view of how TransDigm communicates key developments, from earnings and outlook to acquisitions and financing transactions. Bookmark this page to quickly access the latest publicly released information and historical announcements related to TDG.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.
FAQ
What is the current stock price of Transdigm Group (TDG)?
What is the market cap of Transdigm Group (TDG)?
