TransDigm Group is a publicly traded aerospace manufacturing company headquartered in Cleveland, Ohio. TransDigm develops and manufactures engineered aerospace components. It was founded in 1993, when four industrial aerospace companies were combined by a private equity firm in a leveraged buyout. TransDigm expanded the range of aerospace components it manufactures through acquisitions over the years. It filed an initial public offering on the New York Stock Exchange in 2006. TransDigm's subsidiaries manufacture engineered aircraft components.: 490 These components include items like pumps, valves, and avionics.: 217 Most of the aerospace parts the company sells are proprietary products where TransDigm is the only manufacturer that currently makes the part.: 223 As of 2016, about half of its revenues are from aftermarket parts and half are from OEM parts. As of 2008, about three-fourths of its revenues were from commercial aircraft parts and one-fourth was from military aircraft parts. More information...
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