TransDigm first announced in March the transaction to sell its two units that offer visualization platforms intended for defense, security and air traffic control applications.
The Cleveland-based aircraft components supplier said Wednesday the financial results for the businesses sold to the private equity firm are still “classified as continuing operations in accordance with U.S. generally accepted accounting principles.”
ScioTeq and Treality revenues hit $135 million for their fiscal year ended September 30, 2020. Both entities were part of Transdigm’s $4 billion purchase of Esterline Technologies in March 2019.
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…
