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string(1521) "TransDigm Group Incorporated (NYSE: TDG), through its wholly owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today.
Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, databus and power controls, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.
Our business strategy is made up of two key elements. The first is a value-driven operating strategy focused on obtaining profitable new business, improving our cost structure and providing highly engineered value-added products to customers. The second element is an acquisition strategy focused on proprietary component businesses and related products and services."
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string(136) "Congress is considering legislation to require government contractors to reveal more about their pricing, setting off a partisan debate."
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string(176) "Legislation proposed Wednesday would force government vendors to publicly disclose data about their costs, a move to help the government negotiate better deals for spare parts."
["url"]=>
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string(126) "Government contracting expenditures may go up unnecessarily. The rules that require cost or pricing data have been undermined."
["url"]=>
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string(189) "TransDigm’s decision to repay the government for its excess profits appears to be a positive resolution, but it does not address the lack of competition that led to these inflated prices."
["url"]=>
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1a154-us-transdigm-group-incorporated
Transdigm Group Incorporated
Location
Ohio
Founded
1993-02-28
Website
https://www.transdigm.com
Articles
705 Articles
Category
Aircraft Parts and Auxiliary Equipment, Not Elsewhere Classified
Transportation Equipment and Supplies, Except Motor Vehicles
Description
TransDigm Group Incorporated (NYSE: TDG), through its wholly owned subsidiaries, including TransDigm Inc., is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today.
Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, databus and power controls, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.
Our business strategy is made up of two key elements. The first is a value-driven operating strategy focused on obtaining profitable new business, improving our cost structure and providing highly engineered value-added products to customers. The second element is an acquisition strategy focused on proprietary component businesses and related products and services.
Legislation proposed Wednesday would force government vendors to publicly disclose data about their costs, a move to help the government negotiate better deals for spare parts.
TransDigm’s decision to repay the government for its excess profits appears to be a positive resolution, but it does not address the lack of competition that led to these inflated prices.
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