TransDigm Group Incorporated develops, distributes and manufactures commercial and military aerospace components such as mechanical actuators and ignition systems.
Transdigm Incoprorated was established in 1993 by W. Nicholas Howley and Douglas W. Peacock after acquiring Adel Fasteners, Aero Products Component Services, Controlex Corporation and Wiggins Connectors from IMO Industries.
Four years later, in 1997, the company purchased Marathon Power Technologies.
The next year, Transdigm Incoprorated was acquired by Odyssey Investment Partners.
Then, during the final two years of the century, the company added to its list of acquisitions with Adams Rite Aerospace and Christie Electric.
In May of 2001, Transdigm Incorporated procured Champion Aviation Products, a supplier of igniters, spark plugs and oil filters from Federal-Mogul Corporation for approximately $160 million. It was at this time that Nicholas Howley took over the position of Chief Executive Officer from Douglas Peacock as Peacock transferred into his role as Chairman of the Board.
TransDigm Group Incorporated (TD Group), incorporated on July 8, 2003, is a global designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft. The Company operates through its wholly owned subsidiary, TransDigm Inc. (TransDigm). The Company primarily designs, produces and supplies engineered aerospace components (and certain systems/subsystems). On September 25, 2010, TD Group entered into a definitive agreement (the Purchase Agreement) with McKechnie Holdings LLC to purchase all of McKechnie Aerospace Holdings, Inc. (McKechnie), a supplier of aerospace products controlled by JLL Partners Inc. On September 3, 2010, TransDigm Inc. completed the acquisition of Semco Instruments, Inc. (Semco). In December 2010, the Company acquired McKechnie Aerospace Holdings Inc. In March 2011, the Company completed the divestiture of its fastener businesses to Alcoa Inc. In April 2011, the Company sold Aero Quality Sales (AQS) to Satair A/S.
On December 2, 2009, TransDigm Inc., through a wholly owned subsidiary of TransDigm Inc., Dukes Aerospace Inc., acquired certain assets from Dukes, Inc. and GST Industries, Inc. (collectively Dukes Aerospace). On August 10, 2009, TransDigm Inc., through its AeroControlex Group Inc. subsidiary, acquired certain product line assets of Woodward HRT, Inc., a subsidiary of Woodward Governor Company (Woodward HRT product line). On July 24, 2009, TransDigm Inc. acquired all of the outstanding capital stock of Acme Aerospace, Inc. (Acme).
The Company’s product offerings include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized alternating current/direct current (AC/DC) electric motors and generators, aircraft audio systems, specialized cockpit displays, engineered latching and locking devices, specialized lavatory components, engineered connectors and elastomers, rods and locking devices, NiCad batteries/chargers, and lighting and control technology. Its customers include distributors of aerospace components; worldwide commercial airlines, including national and regional airlines; large commercial transport and regional and business aircraft original equipment manufacturers (OEMs); various armed forces of the United States and friendly foreign governments; defense OEMs; system suppliers, and various other industrial customers.
OVERALL
Beta: 0.63
Market Cap (Mil.): $4,179.89
Shares Outstanding (Mil.): 49.98
Annual Dividend: --
Yield (%): --
FINANCIALS
TDG Industry Sector
P/E (TTM): 35.66 23.78 18.80
EPS (TTM): 0.16 -- --
ROI: 3.76 4.81 4.19
ROE: 21.56 16.98 7.33
Name Age Since Current Position
W. Nicholas Howley 59 2005 Chairman of the Board, Chief Executive Officer
Raymond Laubenthal 49 2005 President, Chief Operating Officer of TD Group and TransDigm Inc.
Gregory Rufus 54 2005 Chief Financial Officer, Executive Vice President, Secretary
John Leary 63 1999 President - Adams Rite Aerospace, Inc. of TransDigm Inc.
Bernt Iversen 53 2006 President - Champion Aerospace LLC
Roger Jones 51 2009 President of AeroControlex Group, Inc.
Robert Henderson 54 2008 Executive Vice President
James Riley 44 2009 Executive Vice President of TD Group
Albert Rodriguez 50 2006 Executive Vice President - Mergers and Acquisitions
Michael Graff 59 2003 Independent Director
Douglas Peacock 72 2003 Independent Director
Sean Hennessy 53 2006 Independent Director
Mervin Dunn 57 2007 Independent Director
Robert Small 44 2010 Independent Director
William Dries 59 2011 Independent Director
COMPANY ADDRESS
TransDigm Group Inc
1301 East 9th Street
Suite 3710
Cleveland OH 44114
Transdigm Incoprorated was established in 1993 by W. Nicholas Howley and Douglas W. Peacock after acquiring Adel Fasteners, Aero Products Component Services, Controlex Corporation and Wiggins Connectors from IMO Industries.
Four years later, in 1997, the company purchased Marathon Power Technologies.
The next year, Transdigm Incoprorated was acquired by Odyssey Investment Partners.
Then, during the final two years of the century, the company added to its list of acquisitions with Adams Rite Aerospace and Christie Electric.
In May of 2001, Transdigm Incorporated procured Champion Aviation Products, a supplier of igniters, spark plugs and oil filters from Federal-Mogul Corporation for approximately $160 million. It was at this time that Nicholas Howley took over the position of Chief Executive Officer from Douglas Peacock as Peacock transferred into his role as Chairman of the Board.
TransDigm Group Incorporated (TD Group), incorporated on July 8, 2003, is a global designer, producer and supplier of highly engineered aircraft components for use on commercial and military aircraft. The Company operates through its wholly owned subsidiary, TransDigm Inc. (TransDigm). The Company primarily designs, produces and supplies engineered aerospace components (and certain systems/subsystems). On September 25, 2010, TD Group entered into a definitive agreement (the Purchase Agreement) with McKechnie Holdings LLC to purchase all of McKechnie Aerospace Holdings, Inc. (McKechnie), a supplier of aerospace products controlled by JLL Partners Inc. On September 3, 2010, TransDigm Inc. completed the acquisition of Semco Instruments, Inc. (Semco). In December 2010, the Company acquired McKechnie Aerospace Holdings Inc. In March 2011, the Company completed the divestiture of its fastener businesses to Alcoa Inc. In April 2011, the Company sold Aero Quality Sales (AQS) to Satair A/S.
On December 2, 2009, TransDigm Inc., through a wholly owned subsidiary of TransDigm Inc., Dukes Aerospace Inc., acquired certain assets from Dukes, Inc. and GST Industries, Inc. (collectively Dukes Aerospace). On August 10, 2009, TransDigm Inc., through its AeroControlex Group Inc. subsidiary, acquired certain product line assets of Woodward HRT, Inc., a subsidiary of Woodward Governor Company (Woodward HRT product line). On July 24, 2009, TransDigm Inc. acquired all of the outstanding capital stock of Acme Aerospace, Inc. (Acme).
The Company’s product offerings include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized alternating current/direct current (AC/DC) electric motors and generators, aircraft audio systems, specialized cockpit displays, engineered latching and locking devices, specialized lavatory components, engineered connectors and elastomers, rods and locking devices, NiCad batteries/chargers, and lighting and control technology. Its customers include distributors of aerospace components; worldwide commercial airlines, including national and regional airlines; large commercial transport and regional and business aircraft original equipment manufacturers (OEMs); various armed forces of the United States and friendly foreign governments; defense OEMs; system suppliers, and various other industrial customers.
OVERALL
Beta: 0.63
Market Cap (Mil.): $4,179.89
Shares Outstanding (Mil.): 49.98
Annual Dividend: --
Yield (%): --
FINANCIALS
TDG Industry Sector
P/E (TTM): 35.66 23.78 18.80
EPS (TTM): 0.16 -- --
ROI: 3.76 4.81 4.19
ROE: 21.56 16.98 7.33
Name Age Since Current Position
W. Nicholas Howley 59 2005 Chairman of the Board, Chief Executive Officer
Raymond Laubenthal 49 2005 President, Chief Operating Officer of TD Group and TransDigm Inc.
Gregory Rufus 54 2005 Chief Financial Officer, Executive Vice President, Secretary
John Leary 63 1999 President - Adams Rite Aerospace, Inc. of TransDigm Inc.
Bernt Iversen 53 2006 President - Champion Aerospace LLC
Roger Jones 51 2009 President of AeroControlex Group, Inc.
Robert Henderson 54 2008 Executive Vice President
James Riley 44 2009 Executive Vice President of TD Group
Albert Rodriguez 50 2006 Executive Vice President - Mergers and Acquisitions
Michael Graff 59 2003 Independent Director
Douglas Peacock 72 2003 Independent Director
Sean Hennessy 53 2006 Independent Director
Mervin Dunn 57 2007 Independent Director
Robert Small 44 2010 Independent Director
William Dries 59 2011 Independent Director
COMPANY ADDRESS
TransDigm Group Inc
1301 East 9th Street
Suite 3710
Cleveland OH 44114