TransDigm Purchases Airbag, Cockpit Restraints Businesses

Master aerospace acquirer TransDigm Group said Feb. 22 it acquired the stock of Schroth Safety Products of Germany and certain aviation and defense assets and liabilities from subsidiaries of Takata for about $90 million total in cash. Schroth makes specialty technical restraints, passenger belts...
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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