Aug 31 2010
TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced that FORTUNE has ranked TransDigm No. 85 on its 2010 "100 Fastest-Growing Companies" list.
"We are honored to receive this recognition from FORTUNE for our record of long-term growth, profitability and returns to shareholders," said W. Nicholas Howley, TransDigm Chairman and Chief Executive Officer. "We believe our business model is unique in our industry both in its consistency and its ability to sustain and create intrinsic shareholder value. Through our consistent focus on our operating value drivers, a clear acquisition strategy; and close attention to our capital structure, we have been able to grow and create value for many years through up and down markets."
To qualify for 100 Fastest-Growing Companies, foreign or domestic companies must have posted an annualized growth in revenue and earnings per share of at least 15% annually over the three years ended on or before April 30, 2010. Companies that meet the appropriate criteria were ranked by revenue growth rate; EPS growth rate; and three-year annualized total return for the period ended June 30, 2010.
Source: http://www.transdigm.com/