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TransDigm Buys Takata’s Aerospace & Defense Businesses for $90M

Cleveland-based aerospace components maker TransDigm Group (NYSE: TDG) has purchased Takata Corp.’s aerospace and defense businesses as well as related assets and liabilities for approximately $90 million cash. TransDigm said Wednesday the transaction covers Takata’s Schroth Safety Products and Takata Protection Systems businesses. Both businesses will operate under the name Schroth and focus on the design and …

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BAE Sells Fla. Safety Product Business to Japanese Firm for $32M Cash

BAE Systems has agreed to sell two businesses that produce safety products for defense and aerospace customers to Japanese firm Takata Corp. for around $32 million in cash. The deal will send BAE Systems Safety Products Inc. and BAE’s German subsidiary Schroth Safety Products GmbH to Takata, a manufacturer of seat belts, …

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