DOJ Antitrust Division Prepares Lawsuit Challenging TransDigm Group's $960 Million Acquisition of Stellant Systems

The U.S. Justice Department's antitrust division has prepared a lawsuit to challenge TransDigm Group Inc.'s planned $960 million acquisition of Stellant Systems Inc., a deal announced in late December. DOJ officials are currently in settlement talks with the companies, and leadership has not yet signed off on the suit. The Defense Department has expressed serious concerns that the transaction could lead to the military being tied to a sole supplier and cause prices of critical radar components to surge.