TransDigm Group acquires NavCom Defense Electronics (assets & IP)
Snapshot
TransDigm Group acquired NavCom Defense Electronics (assets & IP) for approximately $27 million in cash in October 2018. The transaction was structured as all cash. NavCom Defense Electronics (assets & IP) is a Corona, California-based Power & Control business.
- Acquirer
- TransDigm Group
- Target
- NavCom Defense Electronics (assets & IP)
- Value
- approximately $27 million in cash
- Date
- October 2018
- Type
- asset purchase
- Status
- ready
The deal at a glance
About this deal
TransDigm Group acquired NavCom Defense Electronics (assets & IP) for approximately $27 million in cash, a transaction completed in October 2018, structured as all cash. The deal was a asset purchase.
NavCom Defense Electronics (assets & IP) operates in Power & Control, is based in Corona, California, had revenue of about approximately $13 million. Substantially all assets and technical data rights of the Corona, California operations of NavCom Defense Electronics, acquired by TransDigm subsidiary Extant Aerospace. Core product is the mission-critical AN/APN-232 Combined Altitude Radar Altimeter (CARA) system. NavCom annual revenue about $13 million.
Mission-critical proprietary avionics (CARA) aligned with Extant's sustainment model Extant Aerospace
No advisory firms have been disclosed for this transaction.