TransDigm Bids For Meggitt, Topping Parker Hannifin Offer

Meggitt optical smoke detector
Credit: Meggitt
TransDigm Group is bidding 13% more for Meggitt than Parker Hannifin, the first two companies revealed Aug. 11. The move sets up a more lucrative payout for Meggitt stakeholders, but also a tougher decision in light of UK protectionism over jobs and aerospace industrial ability, along with TransDigm...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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