Cerberus Acquires Calspan's Hypersonics and Test Systems Business Units; Forms North Wind

May 30, 2024

Cerberus Capital Management has acquired Calspan’s hypersonic and defense test systems business units from TransDigm Group and established North Wind, an independent supplier focused on hypersonic test infrastructure, systems and services. The transaction brings together Calspan Aero Systems Engineering (St. Paul, MN) and Calspan Systems (Newport News, VA) under a standalone platform to expand U.S. hypersonic test capabilities for government RDT&E and aerospace customers.

Buyers
Cerberus Capital Management, L.P.
Targets
Calspan Aero Systems Engineering, Calspan Systems
Sellers
TransDigm Group
Platforms
North Wind
Location
Minnesota, United States
Transaction Type
Divestiture

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