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TransDigm Group Inc Acquires Electromechanical Actuation Division From General Electric Co's GE Aviation


Monday, 1 Jul 2013 08:20am EDT 

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. 

Company Quote

26.55
0.35 +1.34%
11 Jul 2014