@transdigm.com
TransDigm is a global designer, producer, and supplier of highly engineered aircraft components.
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About
Description
TransDigm Group Incorporated is based in Cleveland, Ohio, USA. Founded in 1993, the company is a leading global producer, designer, and supplier of highly engineered aerospace components, systems, and subsystems. While TransDigm primarily serves the aerospace and defense industries, its products are also utilized in power generation, medical, and industrial applications.
TransDigm operates through three major segments: Power & Control Systems, which includes specialized electrical power generation and control systems; Airframe Systems, consisting of products such as mechanical controls, pumps, and valves; and Non-aviation Products, a segment that focuses on non-aerospace products. With its global headquarters in Cleveland, TransDigm operates over 65 locations worldwide, including manufacturing facilities, distribution centers, and subsidiary offices. Some notable subsidiaries of TransDigm include AeroControlex, Adams Rite Aerospace, Breeze-Eastern, and Skurka Aerospace.
The company has also formed joint ventures with strategic partners like Safran and Parker-Hannifin. TransDigm has established a strong market position as a global leader in the aerospace industry. The company's products are installed on virtually all commercial and military aircraft in service today.
In terms of global sales, TransDigm's revenue reached $5. 3 billion in the fiscal year 2020. The company faces competition from other aerospace suppliers such as Honeywell International Inc., United Technologies Corporation, and Spirit AeroSystems Holdings, Inc.
In recent years, TransDigm has achieved significant growth through acquisitions, allowing it to expand its product portfolio and customer base. The company's strategy focuses on acquiring proprietary, sole-source, or nearly sole-source products that have a strong aftermarket presence, providing recurring revenue streams. As of the latest available information, TransDigm continues to maintain its leading position in the aerospace industry.
The company remains focused on driving growth through acquisitions and organic expansion while maintaining a strong commitment to delivering high-quality products to its customers
Company Type
Public Company
Company Size
10,001+
Year Founded
1993
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