TransDigm Group Incorporated operates as a designer, producer, and supplier of aircraft components for use on all commercial and military aircraft in service worldwide. Segments The company’s businesses are organized and managed in three segments: Power & Control, Airframe, and Non-aviation. Power & Control This segment includes operations that primarily develop, produce, and market systems and components that primarily provide power to or control power of the aircraft utilizing electronic, fluid, power, and mechanical motion control technologies. Major product offerings include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators and cargo loading and handling systems. Primary customers of this segment are engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies and repair depots. Products are sold in the original equipment and aftermarket market channels. Airframe This segment includes operations that primarily develop, produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Major product offerings include engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, aircraft audio systems, specialized lavatory components, seat belts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes and cargo delivery systems. Primary customers of this segment are airframe manufacturers and cabin system suppliers and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies and repair depots. Products are sold in the original equipment and aftermarket market channels. Non-aviation This segment includes operations that primarily develop, produce and market products for non-aviation markets. Major product offerings include seat belts and safety restraints for ground transportation applications, mechanical/electro-mechanical actuators and controls for space applications, and refueling systems for heavy equipment used in mining, construction and other industries. Primary customers of this segment are off-road vehicle suppliers and subsystem suppliers, child restraint system suppliers, satellite and space system suppliers and manufacturers of heavy equipment used in mining, construction and other industries. Distributors The company’s major distributors are Aviall, Inc. (a subsidiary of The Boeing Company) and Satair A/S (a subsidiary of Airbus S.A.S.). Customers The company’s customers include distributors of aerospace components; worldwide commercial airlines, including national and regional airlines; commercial transport and regional and business aircraft original equipment manufacturers; various armed forces of the United States and friendly foreign governments; defense original equipment manufacturers; system suppliers; and various other industrial customers. For the year ended September 30, 2015, The Boeing Company (which includes Aviall, Inc., a distributor of commercial aftermarket parts to airlines throughout the world) accounted for approximately 12% of the company’s net sales and Airbus S.A.S. accounted for approximately 11% of its net sales. Foreign Operations Although the company manufactures a portion of its products in the United States, the company manufactures some products in Belgium, China, Germany, Hungary, Malaysia, Mexico, Norway, Sri Lanka, Sweden, and the United Kingdom. Although the majority of sales of the company’s products are made to customers (including distributors) located in the United States, its products are ultimately sold to and used by customers (including airlines and other end users of aircraft) throughout the world. Governmental Regulation The commercial aircraft component industry is regulated by the Federal Aviation Administration (FAA) in the United States and by the Joint Aviation Authorities in Europe and other agencies worldwide, while the military aircraft component industry is governed by military quality specifications. The company, and the components that it manufactures, are required to be certified by one or more of these entities or agencies, and in various cases, by individual original equipment manufacturers, to engineer and service parts and components used in specific aircraft models. The company must satisfy the requirements of its customers, including original equipment manufacturers and airlines that are subject to the FAA regulations, and provide these customers with products and services that comply with the government regulations applicable to commercial flight operations. It also maintains various FAA approved repair stations. History TransDigm Group Incorporated was founded in 1993.
transdigm group inc (TDG:New York)
1301 East 9th Street
Cleveland, OH 44114
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