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TransDigm Group Divests Fastener Business

CLEVELAND Jan. 31, 2011 $240 million December 2010 Sylmar, CA United Kingdom

W. Nicholas Howley

The divestiture, which is expected to close within the next sixty days, is subject to regulatory approvals and customary closing conditions.

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, aircraft audio systems, specialized cockpit displays, engineered latching and locking devices, specialized lavatory components, engineered connectors and elastomers, rods and locking devices,  NiCad batteries/chargers, and lighting and control technology.

Contact:

Jonathan D. Crandall

Investor Relations

(216) 706-2945

[email protected]

SOURCE TransDigm Group Incorporated

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