Meggitt Goes To Parker-Hannifin, So What Does TransDigm Buy?

Credit: TransDigm Group
TransDigm Group is walking away from its preliminary $11 billion offer for Meggitt, leaving the latter to be acquired by Parker-Hannifin, as agreed to in early August. For UK-based Meggitt, which specializes in avionics, fuel and engine systems, sensors and electronics, TransDigm’s turnaround means...
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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