Rotorcraft
Dart Aerospace To Be Acquired by TransDigm Group
TransDigm, a maker of engineered aircraft components for the commercial and military aviation markets, expects to close the deal in the second quarter.
Dart Aerospace is being acquired by Cleveland-based aerospace manufacturing company TransDigm Group, in a deal that is expected to close in the second half of this year. (Photo: Mariano Rosales/AIN)
Dart Aerospace is being acquired by Cleveland-based aerospace manufacturing company TransDigm Group, in a deal that is expected to close in the second half of this year. (Photo: Mariano Rosales/AIN)

Nearly two weeks after Dart Aerospace announced its purchase of Paravion Technology and Century Helicopters, the Montreal-based mission equipment provider is being acquired by TransDigm Group for $360 million in cash. TransDigm is a Cleveland-based designer, producer, and supplier of engineered aircraft components used on commercial and military aircraft. Pending regulatory and other approvals, the acquisition is expected to close in the second quarter.