TransDigm Sees Strong Growth Across End Markets In Q1 FY2024

TransDigm’s sales rose briskly across its OE, aftermarket and defense business lines in the first quarter of fiscal 2024.

Credit: Alamy Stock Photo
TransDigm Group’s (TDG) sales and net income both rose briskly in the first quarter of fiscal 2024 thanks to strong demand in the original equipment (OE), aftermarket and defense market segments, management said in a Feb. 8 earnings call. Revenue increased 28% year-on-year to $1.8 billion, while net...

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