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Stock impact report

Cerberus Acquires Calspan’s Hypersonics and Test Systems Business Units from TransDigm and Forms North Wind, a Leading Independent Supplier of Hypersonic Test Infrastructure, Systems and S...

Transdigm Group Incorporated (TDG) 
Last transdigm group incorporated earnings: 2/4 07:15 am Check Earnings Report
US:NYSE Investor Relations: transdigm.com/investor-relations
Company Research Source: Business Wire
NEW YORK & ST. PAUL, Minn.--(BUSINESS WIRE)--Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global leader in alternative investing, today announced that it has acquired Calspan’s hypersonic and defense test systems business units from TransDigm Group (NYSE: TDG). In acquiring Calspan Aero Systems Engineering and Calspan Systems, Cerberus has established North Wind, an independent business centrally focused on the advancement of the United States’ hypersonic test capability through ground-based facility design, build and operations, testing, and analysis.Headquartered in St. Paul, Minnesota, with decades of specialized experience as a trusted independent partner to the U.S. government's Research, Development, Test & Evaluation (RDT&E) organizations, North Wind is uniquely positioned to serve the demands of its customers with high-quality, customized engineering services and integrated solutions.The acquisition and subsequent formation of North Wind Show less Read more
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