Author: Brenda Marie Rivers|| Date Published: March 3, 2021
OpenGate Capital has entered into a $200 million acquisition deal for two TransDigm Group (NYSE: TDG) business units that offer visualization and simulation visual display systems.
The Los Angeles-based private equity firm intends to purchase ScioTeq and Treality, which jointly earned $135 million in revenues for the 2020 fiscal year ended Sept. 30, TransDigm said Monday.
Both units primarily market products to the global defense, security and air traffic control segments.
TransDigm, which bought the two entities as part of its $4 billion purchase of Esterline Technologies in 2019, expects to complete the sale in the third quarter of its 2021 fiscal year.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
