Cerberus completed the acquisition of Calspan’s Hypersonics and Test Systems Business Units from TransDigm.

Cerberus, an alternative investor, completed the acquisition of Calspan’s Hypersonics and Test Systems Business Units from TransDigm, an aerospace manufacturing company . Financial terms were not disclosed. “We've been tracking this company for a while and admire their innovation and expertise in hypersonics analysis and testing. Enabling the U.S. to meet the great need for hypersonic capabilities, North Wind is an important investment. We couldn't be more thrilled to execute against the team's vision as a well-resourced standalone company,” Michael Palmer, Cerberus Senior Managing Director, Supply Chain and Strategic Opportunities platform.