TRANSDIGM GROUP INC : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
May 19, 2022 at 04:38 pm EDT
Share
Item 7.01. Regulation FD Disclosure.
On May 19, 2022, Extant Aerospace ("Extant"), a wholly-owned subsidiary of
TransDigm Group Incorporated (NYSE: TDG), announced that it has completed the
acquisition of all the assets and license of the technical data rights
pertaining to the Electromechanical Indicator product line from the operations
of Astronautics Corporation of America ("Astronautics") for approximately
$27 million in cash.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being filed with this Current Report on Form 8-K:
Exhibit No. Description
99.1 Press Release dated May 19, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
TransDigm Group Inc. specializes in the design, manufacturing and marketing of aerospace systems and components. Net sales break down by family of products as follows:
- engine components and control systems (50.3%): mechanical and electromechanical actuators and control systems, pumps and engine control systems, power regulators, ignition systems, thermal management systems, fluid management systems, batteries and power supply systems, motion sensors, data recording, analysis and processing systems, etc. The group also offers winches, lifting systems and cargo handling systems;
- cabin systems and equipment (47%): cockpit safety components and systems, locking systems and devices, connectors, audio control systems, specialized sanitary equipment, seat belts and safety devices, interior fittings (seats, display systems, on-board entertainment systems, etc.) lighting systems, parachutes, freight delivery systems, etc. ;
- other (2.7%): non-aeronautical systems and equipment.
At the end of September 2023, the group operated approximately 100 production sites worldwide.
The United States accounts for 64.8% of net sales.