![]() The acquisition, subject to review under the Hart-Scott-Rodino Act and other customary closing conditions, is expected to close by the end of the first quarter of fiscal 2014. Airborne Systems is owned by Metalmark Capital. (the “Company”), for approximately $250 million in cash. “TransDigm Group Incorporated (NYSE: TDG) and Metalmark Capital announced today that TransDigm has entered into a definitive agreement to acquire Airborne Systems Inc. Bids were solicited via the Internet, with 2 received by US Army Contracting Command in Natick, MA (W911QY-14-D-0014).ĭec 2-19/13: Sold. Funding and work performance location will be determined with each order. Airborne Systems North America of NJ in Pennsauken, NJ receives a $30 million firm-fixed-price, indefinite-delivery/indefinite quantity contract for up to 110 JPADS 10k (“DragonFly”) systems, to include the Parachute and Autonomous Guidance Unit. New JPADS 10K contract other 2013-14 updates include the sale of the company, order from the UAE, etc.Īpril 22/14: JPADS 10k.
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