Tag Archives: airbus

TransDigm Strikes $965M Cash Deal for Cobham Aero Connectivity; Kevin Stein Quoted

Kevin Stein President and CEO TransDigm

TransDigm Group (NYSE: TDG) has agreed to acquire a Cobham subsidiary focused on providing antennas and radio systems for the aerospace end market. TransDigm will use existing cash on hand to finance the $965M acquisition of Cobham Aero Connectivity and expects the transaction to close during the third quarter of calendar year 2021, subject to regulatory clearances and other customary closing conditions.

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Airbus Lands Potential $275M Contract to Build Third European Service Module for NASA Spacecraft

Airbus has landed a potential $275.1M contract build another spacecraft module for the European Space Agency to support NASA's manned deep space exploration goals. The company said Tuesday it will produce the third European Service Module designed to fly with Lockheed Martin-built (NYSE: LMT) Orion spacecraft as part of the the Artemis III Mission to bring astronauts to the moon sometime in 2024.

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