Montreal, Canada – May 25, 2022 – DART Aerospace, the industry leader in helicopter and aerospace mission-critical equipment, announced today that it has been acquired by TransDigm Group Inc. (NYSE: TDG). TransDigm, through its 48 wholly owned subsidiaries, is a leading global designer, manufacturer, and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today.
“After three successful years under the ownership of Greenbriar Equity Group and First Aviation Services, we are now entering a new and exciting chapter in our history,” says DART President Alain Madore. “TransDigm will bring a long-term perspective to our business strategy and ensure we maintain our strong growth trajectory. More importantly, I want to recognize the hard work of our talented employees and the amazing support of our shareholders during these turbulent times.”
Under the new ownership, DART will operate with a high level of autonomy while maintaining its strong brand. DART will continue delivering exceptional value and customer service to its customers while bringing innovative products to market.
About DART Aerospace
With its extensive engineering capabilities and manufacturing centers, DART provides industry-leading design, manufacturing, and market-certified solutions for the helicopter and aerospace industry. With an impressive line-up of over 1,500 STCs, DART offers a comprehensive portfolio of mission equipment and related services, replacement parts, and tooling for civil and military operators, completion centers, MR&O facilities, and all major rotorcraft OEMs. DART's key products include aerial firefighting systems, flotation systems, landing gear, interior and exterior accessories, cargo expansion, cable cutters, environmental control systems, and ground support equipment. All of DART’s fast time-to-market solutions are delivered with superior customer support in over 120 countries worldwide.
Additional information may be found at dartaerospace.com.
About TransDigm Group
TransDigm Group, through its wholly owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.
Additional information may be found at transdigm.com
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