TransDigm Buys German Aerospace Business

TransDigm, based in Cleveland, has acquired the aerospace business of Franke Aquarotter, located in Ludwigsfelde, Germany, near Berlin. TransDigm acquired the business for about $75 million in cash on March 31. Going forward, the company will be named Adams Rite Aerospace GmbH. It employs about 50...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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