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With Sen. Warren On Board, Likelihood Of TransDigm Investigation Has Clearly Increased
Tuesday, June 13, 2017 - 1:42pm | 388Sen. Elizabeth Warren sent a letter to the Department of Defense Monday requesting an investigation into TransDigm Group Incorporated (NYSE: TDG) for “potential waste, fraud, and abuse in the military spares market.” The letter follows up on requests from Reps. Ro Khanna and Tim Ryan,...
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Congressional Support Is Growing For Reviewing TransDigm's Contracting Process
Tuesday, May 23, 2017 - 2:39pm | 435Following Rep. Ro Khanna (D–CA)'s letter to the Department of Defense, dated March 17, urging additional scrutiny on TransDigm Group Incorporated (NYSE: TDG)'s contracting process, Height Securities said Congressional support for review may be growing. Alleviating Audit Burden Meanwhile,...
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Barclays: TransDigm A 'Victim Of Its Own Success,' Moves To Top Pick In Aerospace & Defense
Monday, March 27, 2017 - 1:38pm | 333Carter Copeland of Barclays named TransDigm Group Incorporated (NYSE: TDG) as a top pick in the Aerospace & Defense space as the name is riddled with misinformation or exaggeration. For example, TransDigm's stock was hard hit last week after Ro Khanna, a U.S. representative for California's...
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TransDigm Crushed After Rep. Khanna Calls For Fraud Investigation
Tuesday, March 21, 2017 - 3:25pm | 594Shares of aerospace components manufacturer TransDigm Group Incorporated (NYSE: TDG) were getting hammered on Tuesday afternoon after Representative Ro Khanna, a U.S. representative for California's 17th congressional district, requested an investigation into the company is launched. In a...