TransDigm Acquires Calspan Corporation
March 14, 2023
TransDigm Group Incorporated has entered into a definitive agreement to acquire Calspan Corporation, a Buffalo-based provider of aerospace and defense testing and technology development services. Calspan operates seven primary facilities, employs approximately 625 people, and is expected to generate about $200 million in revenue for calendar year 2023; TransDigm expects to finance the acquisition with cash on hand and close in fiscal 2023 subject to regulatory approvals.
- Buyers
- TransDigm Group Incorporated
- Targets
- Calspan Corporation
- Industry
- Aerospace & Defense
- Location
- New York, United States
- Transaction Type
- Buyout
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