Item 2.01. Completion of Acquisition or Disposition of Assets.
OnJanuary 5, 2021 ,TransDigm Group Incorporated ("TransDigm Group " or the "Company") has completed substantially all of its acquisition of Cobham Aero Connectivity ("CAC"). The acquisition of CAC for an aggregate purchase price of$965 million (including tax benefits to be realized byTransDigm Group ) was previously announced onNovember 24, 2020 . The acquisition was financed through cash on hand. Cobham Aero Connectivity is headquartered in Marlow,UK . CAC is a leading provider of highly engineered antennas and radios for the aerospace end market. The products are primarily proprietary with significant aftermarket content and have a strong presence across major defense platforms as well as select commercial applications. CAC generated approximately$225 million in revenue for the fiscal year endedDecember 31, 2020 . Nearly 60% of CAC's revenue is derived from international sales and over 70% of CAC's revenue comes from the aftermarket. CAC has a strong presence across a diverse range of both helicopters and fixed wing aircraft. CAC operates from two primary facilities in Marlow,UK andPrescott, Arizona and employs approximately 760 people. A portion of the CAC acquisition representing approximately 2% of the total purchase price remains subject to Finnish regulatory approval and is expected to close in the coming weeks. The information in this Item 2.01 on Form 8-K and in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act of 1934 (the "Exchange Act"), nor shall it be deemed incorporated by reference in filings under the Securities Act. Item 7.01. Regulation FD Disclosure.
The Company issued a press release regarding its acquisition of CAC. A copy of the press release, which is attached to this Current Report on Form 8-K as Exhibit 99.1, is hereby furnished pursuant to Item 7.01. Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being filed with this Current Report on Form 8-K:
Exhibit No. Description 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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