TransDigm (TDG) is a proven leader in the aerospace and defense industry with a well-established model for producing equity returns. It has found repeated success through aggressive product pricing, focusing on the profitable aftermarket, making accretive acquisitions, and using financial leverage. New aircraft order announcements from Boeing and Airbus resulting in further production rate increases are likely to continue to mean solid demand for TransDigm's commercial aircraft products. TransDigm also a strong foothold in the U.S. Defense aerospace market. Equipment suppliers, including TransDigm, have been the beneficiary of expanded budgetary policies by both