Exhibit 99.1

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TransDigm Group Reports Fiscal Fourth Quarter Results and Year-End Results

Cleveland, November 15, 2010/PRNewswire via COMTEX/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the fourth quarter and fiscal year ended September 30, 2010.

Highlights for the quarter and fiscal year include:

 

   

Fourth quarter net sales of $223.1 million, up 13.1% from $197.4 million

 

   

Fourth quarter EBITDA As Defined of $115.6 million, up 22.9% from $94.1 million

 

   

Fourth quarter adjusted earnings per share under the “two-class method” of $1.02, up 18.6% from $0.86

 

   

Fiscal 2010 net sales of $827.7 million, up 8.7% from $761.6 million

 

   

Fiscal 2010 net income of $163.4 million, up 0.3% from $162.9 million

 

   

Fiscal 2010 earnings per share under the “two-class method” of $2.52, down 18.7% from $3.10

 

   

Fiscal 2010 EBITDA As Defined of $411.6 million, up 9.9% from $374.7 million

 

   

Fiscal 2010 adjusted earnings per share under the “two-class method” of $3.35, up 1.8% from $3.29

Net sales for the quarter rose 13.1% to $223.1 million from $197.4 million in the comparable quarter a year ago. Organic net sales growth was approximately 4.6%. The acquisitions of Acme Aerospace, the Woodward Governor valve product line, Dukes Aerospace and Semco Instruments accounted for the balance of the sales increase.

Net income for the quarter rose 21.7% to $50.6 million, or $0.96 per share, compared with $41.6 million, or $0.79 per share, in the comparable quarter a year ago. This increase in net income of $9.0 million reflects the net sales growth, favorable product mix and a lower effective tax rate. Partially offsetting these factors was an increase in interest expense primarily associated with the $425 million notes issued in October 2009.

Adjusted net income for the quarter rose 20.1% to $54.1 million, or $1.02 per share, from $45.1 million, or $0.86 per share, in the comparable quarter a year ago. Adjusted net income for the

 

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The following information was filed by Transdigm Group Inc (TDG) on Monday, November 15, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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