Cerberus Capital Management Acquires Calspan's Hypersonic And Defense Test Systems Business Units From TransDigm Group, Establishes North Wind To Advance U.S. Hypersonic Test Capability
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Cerberus Capital Management has acquired Calspan's Hypersonic and Defense Test Systems business units from TransDigm Group. This acquisition aims to establish North Wind to advance U.S. hypersonic test capabilities.
May 30, 2024 | 8:41 pm
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TransDigm Group has sold Calspan's Hypersonic and Defense Test Systems business units to Cerberus Capital Management. This move could streamline TransDigm's focus and potentially improve its financials.
The sale of non-core business units can help TransDigm Group streamline its operations and focus on its core competencies, potentially leading to improved financial performance.
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