TransDigm Group Incorporated (NYSE:TDG) Files An 8-K Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure
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announced that it has recently acquired three add-on aerospace
product lines for a total purchase price of approximately $100
million. The product lines have combined revenues of
approximately $32 million. TransDigm Group has financed the
acquisitions through existing cash on hand. All three product
lines consist primarily of proprietary, sole source products with
significant aftermarket content. The three product lines will be
consolidated into existing TransDigm Group businesses. The
products include highly engineered aerospace controls, quick
disconnect couplings, and communication electronics.
acquisition is attached to this Current Report as Exhibit 99.1.
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Item 9.01
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Financial Statements and Exhibits
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Form 8-K:
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99.1
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Press Release issued June 1, 2017.
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About TransDigm Group Incorporated (NYSE:TDG)
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies. The Airframe segment includes operations that primarily develop and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. The Non-aviation segment includes operations that primarily develop, produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls, engineered latching and locking devices, and seat belts and safety restraints. TransDigm Group Incorporated (NYSE:TDG) Recent Trading Information
TransDigm Group Incorporated (NYSE:TDG) closed its last trading session up +1.85 at 269.93 with 660,447 shares trading hands.
