Cleveland, Ohio-based TransDigm Group Incorporated (TDG) is an aerospace manufacturer that designs, produces, and services aircraft components and systems. Its products include actuators, controls, pumps, valves, switches, cockpit displays, passenger safety equipment, and other components used across commercial and military aircraft worldwide. The company has a market capitalization of approximately $66.7 billion.
Shares of this leading aerospace company have considerably underperformed the broader market over the past year. TDG has declined 14.6% over this period, while the broader S&P 500 Index ($SPX) has rallied 18.7%. Also, TDG has plunged 9.2% so far this year, underperforming the S&P 500’s 12.1% year-to-date gain.
