The Traderszone Network

Published in TZ Latest News 14 November, 2016 by The TZ Newswire Staff

TransDigm Warns That 2017 Growth Could Slow Dramatically

The dramatic growth in the aerospace industry has played a massive role in lifting shares of industry supplier TransDigm Group (NYSE: TDG) and its business in producing the components and systems that go into many aircraft. Strong demand for commercial airplanes has filtered down to boost TransDigm’s results for years now, and coming into Monday’s fiscal fourth-quarter financial report, TransDigm investors had no reason to expect anything but more of the same.

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