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TransDigm Group Inc Acquires Electromechanical Actuation Division From General Electric Co's GE Aviation
TransDigm Group Inc announced that it acquired the assets of General Electric Co's GE Aviation's Electromechanical Actuation Division for approximately $150 million in cash on June 28, 2013. The business, which will be conducted by TransDigm through a new entity, Whippany Actuation Systems, LLC (Whippany), located in Whippany, New Jersey, manufactures proprietary, engineered aerospace electromechanical motion control subsystems for civil and military applications.
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