TDG · TransDigm Group Incorporated

TransDigm Group disclosed preliminary unaudited financial results for the thirteen-week period ended March 28, 2026, showing net sales in the range of approximately $2,540 million to $2,545 million and EBITDA As Defined between $1,330 million to $1,335 million. These figures represent the most current estimates available to management as financial closing procedures are ongoing, with potential variances from final results due to adjustments and other developments. EBITDA As Defined, a non-GAAP measure, adds certain non-operating items, refinancing costs, acquisition-related costs, transaction costs, and non-cash charges to standard EBITDA, serving as a key liquidity and performance indicator for debt covenant compliance, management incentives, budgeting, and acquisition evaluation. Concurrently, wholly-owned subsidiary TransDigm Inc. plans to issue $1,250 million in incremental debt, comprising $250 million aggregate principal of additional 6.125% senior subordinated notes due 2034 under Rule 144A and Regulation S, and $1,000 million of new tranche N term loans via an amendment to the existing credit agreement. The notes extend the February 2026 issuance of Initial Notes and carry guarantees from TransDigm Group and certain subsidiaries. Proceeds, combined with cash on hand, will finance the previously announced acquisition of Stellant Systems, Inc., cover $800 million in common share repurchases completed in March 2026, and related fees. Both offerings are subject to market and other conditions, with no mutual closing dependencies, highlighting TransDigm's ongoing capital strategy to support growth via M&A and shareholder returns amid robust operating performance.