TransDigm Buys Aviation Technologies

Aviation components manufacturer TransDigm Group paid $430 million for Seattle-based avionics manufacturer, Aviation Technologies, the companies said Tuesday. TransDigm, Cleveland, manufactures ignition systems and components, gear pumps, mechanical/electromechanical actuators and controls, NiCad batteries/chargers, power conditioning devices, hold-open rods and locking devices, engineered connectors, engineered latches and cockpit security devices, lavatory hardware and components and specialized AC/DC electric motors. Aviation Technologies makes flight deck and passenger audio systems, cabin lighting and power control products. It also manufactures brushless motors, displays and related instruments. It has contracts for work on Boeing's 787 Dreamliner. More