Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St.
-
TransDigm Group (NYSE:TDG) has agreed to acquire Stellant Systems, expanding its footprint in specialized aerospace components and systems.
-
The company is also buying Jet Parts Engineering together with Victor Sierra Aviation, adding to its catalog of aftermarket-focused parts and services.
-
Both deals are intended to deepen TransDigm Group’s presence in the aerospace aftermarket and broaden its revenue streams.
TransDigm Group comes into these acquisitions with a share price of $1,427.54 and a long track record of focusing on proprietary aerospace components. The stock has returned 12.7% over the past year and 134.1% over the past 3 years, which puts…
more
Source finance.yahoo.com
Terms of use and third-party services. More here.
