US-based aerospace component manufacturer TransDigm has announced that it will buy Breeze-Eastern for around $206m.

TransDigm, which is involved in designing, manufacturing and supplying engineered aircraft components, expects to perform the transaction through one of its subsidiary.

The deal is subject to regulatory conditions, but is not subject to any financing conditions.

"About 75% of Breeze-Eastern’s total revenue is derived from military markets and 70% from aftermarket products, with the vast majority being from proprietary products."

Breeze-Eastern is said to have a wide customer-base, which includes Sikorsky, Boeing, AgustaWestland, Airbus and the Government of US.

The company offers services to platforms such as UH-60 Blackhawk, CH-47 Chinook, Airbus A400M transport, HH-65 Dolphin and AW-139 series helicopter.

TransDigm chairman and chief executive officer W. Nicholas Howley said: "Breeze-Eastern pioneered the technology for helicopter rescue hoists and cargo winches and subsequently became a leading global designer and manufacturer of highly engineered, proprietary rescue hoists, winches and cargo hooks, as well as weapons-handling systems equipment, which currently can be found on all types of military and civilian aircraft.

"About 75% of Breeze-Eastern’s total revenue is derived from military markets and 70% from aftermarket products, with the vast majority being from proprietary products."

For the last couple of months, TransDigm has announced a slew of acquisitions which includes acquisition of Pexco’s Aerospace Business, Franke Aquarotter’s aerospace unit and Telair Cargo.

Last March, TransDigm bought Telair Cargo for around $725m.

Next month, it will acquire the aerospace business of Franke Aquarotter for around $75m.

The company announced that it had acquired the aerospace business unit of Pexco for around $496m. Pexco is a subsidiary of America’s Odyssey Investment Partners.