TransDigm Acquires Telair Cargo

TransDigm Group, which designs and produces commercial and military aircraft components, said today it has completed its $725 million cash acquisition of the Telair Cargo Group from AAR Corp.

Telair specializes in on-board cargo loading and handling, restraint systems and unit load devices for commercial and military platforms, TransDigm said, and is expected to produce sales of about $300 million this fiscal year, which ends in May.