What Happened
Aviation Safety Tech Leader Expands Market Share
TransDigm Group, a leading aerospace parts supplier, is poised for continued growth as the industry shifts towards maintenance and aftermarket support. The company’s safety-critical components, including passenger seatbelts and cockpit security systems, are found on nearly every commercial and military aircraft platform. With airlines flying their planes longer due to supply-chain problems, TransDigm’s aftermarket parts business is expected to drive sales growth. This trend was first reported by Weiss Ratings.