TransDigm Group Incorporated Enters into Employment Agreement with Jorge L. Valladares III to Serve as an Executive Vice President
October 29, 2013 at 08:16 pm IST
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TransDigm Group Incorporated announced that on October 28, 2013, the company entered into an employment agreement with Jorge L. Valladares III pursuant to which Mr. Valladares will serve as an executive vice president of the Company. The employment agreement is substantially in the same form as those of the company's other executive officers. Unless earlier terminated by the company or Mr. Valladares, the term of the employment agreement expires on October 1, 2018.
TransDigm Group Inc. specializes in the design, manufacturing and marketing of aerospace systems and components. Net sales break down by family of products as follows:
- engine components and control systems (50.3%): mechanical and electromechanical actuators and control systems, pumps and engine control systems, power regulators, ignition systems, thermal management systems, fluid management systems, batteries and power supply systems, motion sensors, data recording, analysis and processing systems, etc. The group also offers winches, lifting systems and cargo handling systems;
- cabin systems and equipment (47%): cockpit safety components and systems, locking systems and devices, connectors, audio control systems, specialized sanitary equipment, seat belts and safety devices, interior fittings (seats, display systems, on-board entertainment systems, etc.) lighting systems, parachutes, freight delivery systems, etc. ;
- other (2.7%): non-aeronautical systems and equipment.
At the end of September 2023, the group operated approximately 100 production sites worldwide.
The United States accounts for 64.8% of net sales.
TRANSDIGM GROUP INC. 
