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Stock impact report

TransDigm's Capitol Hill Headaches Will Linger [The Motley Fool]

Transdigm Group Incorporated (TDG) 
Last transdigm group incorporated earnings: 2/4 07:15 am Check Earnings Report
US:NYSE Investor Relations: transdigm.com/investor-relations
Company Research Source: The Motley Fool
TransDigm's Capitol Hill Headaches Will Linger Aerospace component manufacturer TransDigm Group ( NYSE:TDG It was an ugly outing that TransDigm management -- and shareholders -- would likely soon rather forget. And there are likely to be consequences, and changes to Washington's procurement policies. But neither the hearing nor the call for action that followed will be fatal blows for this longtime overperformer. Here's why even in an environment of heightened scrutiny, TransDigm can still soar. "This is not rocket science. This is just wrong." U.S. Rep. Ro Khanna (D-Calif.), in an opening statement at the May hearing "We owe it to our service members to give them everything they need to fulfill their missions on the battlefield," Khanna said. "What we will not tolerate is war profiteers -- those who seek to use the fact that we are at war to hold us hostage, and hike their prices on mission-critical defense articles to astronomical levels because they know we have nowhere else to go Show less Read more
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