KippsDeSanto & Co. said it believes General Dynamics’ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics’ IT business will realize approximately $10 billion in annual revenue following …
Read More »TransDigm to Buy Aerospace & Defense Services Firm Extant for $525M
TransDigm Group (NYSE: TDG) has agreed to purchase Melbourne, Florida-based Extant Components Group Holdings from investment firm Warburg Pincus for approximately $525 million. Cleveland-based TransDigm said Monday it plans to finance the deal with cash on hand and funds under a revolving credit facility. Extant offers aftermarket-focused electronics, avionics and electromechanical products to the …
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