TransDigm Group Incorporated announced that its operating unit, Extant Aerospace, has entered into a definitive agreement to acquire a portfolio of aerospace and defense products and a related facility for approximately $240 million in cash.
Key Details
- Acquisition Price: Approximately $240 million in cash.
- Acquired Assets: The portfolio consists of commercial rotorcraft, land systems, and business jet products, including a manufacturing facility located in California.
- Timeline: The acquisition is expected to close during TransDigm's fiscal year 2027, subject to regulatory approvals and customary closing conditions.