BUFFALO, NY (May 8, 2023) - TransDigm Group (NYSE: TDG) has completed the previously announced acquisition of Calspan. The acquisition by TransDigm leaves Calspan well-positioned for future stability and success, affording a smooth and lasting transition from the company’s legacy private ownership. Headquartered in Buffalo, NY, Calspan’s organization will remain intact with no impact to staff or operations.
Calspan has remained an independent provider of testing and technology development services, solutions, and systems in the aerospace, defense, and automotive industries for nearly 80 years. The company’s acquisition by TransDigm is a testament to the decades of hard work by countless team members and partners. It is Calspan’s fierce commitment to its company values of inclusiveness, accountability and innovation that has bred sustained commercial success to match its rich technical heritage and accomplishments.
Peter Sauer, Calspan’s President & CEO stated, “The acquisition by TransDigm provides a long-term home for Calspan and is a strong signal to our people, the communities we operate in, and our valued customers, that Calspan will remain an industry leader and employer of choice.” Sauer went on to say, “This acquisition will ensure that Calspan’s identity, brand, and reputation is protected and positioned to expand for decades to come. I am confident the company will remain well-guided for discovery and development in alignment with our vision of ‘Testing the Future’”.
Calspan continues to hire and fill open positions, which can be found here: https://calspan.com/careers
About Calspan
Calspan is the premier, independent provider of testing and technology development services, solutions, and systems in the aerospace, defense, and automotive industries. Internationally recognized for safety research and innovation, Calspan has state-of-the-art mobility, safety, and performance facilities and partners with the top automotive OEMs to resolve technical challenges related to electronic vehicles and other emerging technologies. Calspan transforms ideas into reality by working with aerospace innovators at every stage of the development process with wind tunnel, airborne flight, jet engine, and hypersonic system development and testing services.
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.
Date Posted
5/9/23Topic
Company News
