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 General Services Administration has unveiled the first phase of awards under the Alliant 3 governmentwide acquisition contract, a multiple-award vehicle…
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…
Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…