Dec. 6, 2012, 5:20 PMUnited Technologies (UTX) terminates its agreement to sell its pump and engine control systems business to TransDigm (TDG), citing DoJ objections to the transaction. Sale of the pump and engine control systems unit is one of the divestitures required as a condition of UTX's acquisition of Goodrich Corporation. UTX intends to comply with its obligation to sell the business to a buyer acceptable to the DoJ and European Commission. Any proposed transaction continues to be subject to regulatory approvals in the U.S. and other jurisdictions. | Comment!
Oct. 25, 2012, 3:55 PM
Jan. 23, 2012, 6:43 AM
Nov. 8, 2011, 2:45 PMTransDigm Group (TDG +3.5%) acquires privately-held aircraft components manufacturer Harco Laboratories for approximately $84M in cash. The purchase, subject to review under the Hart-Scott-Rodino Act and other customary closing conditions, is expected to close late in the first quarter of fiscal 2012. | Comment!
TDG vs. ETF Alternatives
TransDigm Group Inc is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company's business segments arePower& Control, Airframe and Non-aviation.
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