Aircraft controls systems specials TransDign Group today announced the acquisition of Aero-Instruments for $35 million.
The acquisition unites two Cleveland-based aircraft suppliers and adds Aero's portfolio of sensing systems mostly on business jets and helicopters that measure air pressure, angle of attack and temperature.
More than 60% of Aero's total revenues come from the aftermarket, while 20% of sales are derived from military aircraft. Illustrating perhaps one example, A picture on Aero's web site shows an image of the Boeing CH-47 Chinook.
Aero joins TransDigm with 60 employees and 87 years of aviation industry experience.