TransDigm Abandons $960 Million Stellant Systems Deal After DOJ Threatens Antitrust Suit
- TransDigm Group scrapped its planned ~$960 million takeover of Stellant Systems on July 13 after the Justice Department notified the aerospace-parts supplier it intended to sue to block the merger, citing risks to competition in mission-critical radar components for U.S. Navy and Air Force systems.
- The DOJ, joined by the Department of War, said the deal would have left TransDigm as the sole supplier of certain traveling-wave tubes and other components, increasing supply-chain risk for defense customers.
- The abandonment marks a fresh win for merger enforcers under the current administration and underscores continued scrutiny of defense-industrial-base rollups.