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TransDigm To Acquire Helicopter Equipment Provider DART Aerospace

Cal Biesecker By
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TransDigm To Acquire Helicopter Equipment Provider DART Aerospace
DART Aerospace's many products include fuel gauges. Photo: DART Aerospace

TransDigm Group [TDG] on Monday said it has agreed to acquire DART Aerospace for $360 million in cash in a deal that would add a provider of proprietary helicopter mission equipment solutions, mostly for civilian aircraft. The transaction is subject to regulatory approvals and is expected to close during the second quarter of 2022. DART, which is based in Montreal, is expected to generate about $100 million in pro forma sales this year. “DART is an industry leader in helicopter…

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