TransDigm Group

TransDigm Group Incorporated is an American publicly traded aerospace manufacturing company headquartered in Cleveland, Ohio.

[2][5][6]: 8  Those four companies were Adel Fasteners, Aero Products Component Services, Controlex Corporation and Wiggins Connectors.

[3]: 490 Originally, TransDigm manufactured and marketed a small group of aircraft components, such as batteries, pumps and fuel connectors.

[3]: 491  TransDigm was acquired from Odyssey Investment Partners by another private equity firm, Warburg Pincus, in 2003 for $1.1 billion.

[9] In March 2022, TransDigm acquired the Montreal-based helicopter mission equipment company, DART Aerospace for approximately $360 million in cash.

[19] Airframe products like latching and locking devices, cockpit security components and audio systems, account for most of the other half of TransDigm's revenues.

[19] A smaller portion of the company's business is from non-aviation products, such as restraints, space systems and parts for heavy industrial equipment.

Concurring on the situation was Abdol Moabery, CEO of the aircraft maintenance company GA Telesis, TransDigm's pricing practices have made it costlier for airlines to repair their planes, with aircraft manufacturers like Boeing and Airbus often caught in the middle when TransDigm acquires companies that Boeing contracted with to make its parts.

TransDigm counterargues, though, that its pricing practices are justified when considering its efforts to ensure that planes always fly safely, and that the sting is necessary to continue providing quality service.