About This Deal

TransDigm Group acquired Stormscope product line (assets and technical data rights) for $20 million, a transaction completed in August 2019, structured as cash.

TransDigm's Extant subsidiary acquired substantially all of the assets and technical data rights of the Stormscope product line from L3Harris Technologies, Inc.

Added proprietary aircraft weather and lightning detection product line.

Deal Terms

Acquirer
TransDigm Group
Target
Stormscope product line (assets and technical data rights)
Value
$20 million
Date
August 2019
Type
Acquisition
Status
Ready

Transaction Details

Structure
Cash
Closed
August 30, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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