Cleveland-based aircraft parts maker TransDigm Group Inc. has completed the acquisition of the Telair Cargo Group of businesses from AAR Corp. for a total purchase price of US$725 million in cash, subject to adjustment. The acquisition was previously announced on 23 February 2015. Telair produces on-board cargo loading and handling, restraint systems and ULDs for a variety of commercial and military platforms with positions on a wide range of new and existing aircraft. The business … [Read more...] about TransDigm completes Telair Cargo acquisition