What Happened
Aerospace Supplier Expects 14 Percent Revenue Growth
TransDigm Group reported strong fiscal fourth-quarter results, with net sales rising 23% year over year to $2.988 billion. The aerospace components supplier also set out its expectations for fiscal 2027, including net sales of $11.950-12.150 billion and adjusted earnings per share of $47.09-47.94. The company’s growth outlook follows recent acquisitions, including the $1.07 billion acquisition of Prince & Izant. According to the company’s release, published by PR Newswire, TransDigm Group enters the new fiscal year with liquidity and financial flexibility for further acquisitions and other capital deployment, as reported by Unknown Source.