TransDigm Group Incorporated (NYSE:TDG) is looking for M&A opportunities. President and Chief Executive Officer, Kevin Stein said during the Fiscal 2024 Second Quarter Earnings Conference Call, "Regarding the current M&A activities and pipeline, we continue to expect of fiscal year '24 closure of the Electron Device Business of Communications and Power Industries, also known as CPI, which was announced on a prior earnings call. We continue to actively look for M&A opportunities that fit our model.

As we look out over the next 12 to 18 months, we continue to see an expanding pipeline of potential M&A targets. This remains a busy time, and we are actively expanding our M&A team to address these opportunities".