What does TRW stand for in automotive?

The company was formed in 1958 as Thompson Ramo Wooldridge Inc. from the merger of Thompson Products, Inc., and Ramo-Wooldridge Corporation. Its name was changed to TRW Inc. in 1965.

How much is TRW worth?

On September 15, 2014, it was announced that German car parts maker ZF Friedrichshafen would buy TRW Automotive for approximately $13.5 billion including debt.

Who acquired TRW?

ZF Friedrichshafen AG
In 2015, the company ZF Friedrichshafen AG acquired TRW. As a result, the two organizations websites have been integrated.

What is someone’s TRW?

Up until its acquisition in 1996, Experian, one of the “big three” credit bureaus, was known as TRW, according to the New York Times. Experian, like all credit reporting agencies in the United States, is required to provide consumers with a copy of their credit reports upon request.

Did Northrop Grumman buy TRW?

Under the terms of the agreement, unanimously approved by the boards of directors of both companies, Northrop Grumman will acquire TRW for $60 per share in common stock in a transaction valued at approximately $7.8 billion, plus the assumption of TRW’s net debt at the time of closing.

What does ZF make?

ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility.

What is TRW?

About Us |. TRW is the worlds leading premium solution for braking, steering and suspension. With over 100 years’ experience as an Original Equipment provider we write the standards for safety and quality.

What is TRW’s company history?

TRW’s conglomerate structure is deeply rooted in the company’s history. In the early 1950s the Cleveland-based Thompson Products was looking for an acquisition. J.

What did TRW do in 1988?

The new TRW would focus on three main areas: automotive products, space and defense projects, and information systems and services. Among the noncore businesses divested were the firm’s energy division. Staff was reduced from 93,200 in 1985 to 73,200 in 1988.

How did TRW make its money in 1966?

New and replacement parts accounted for 34 percent of TRW’s $553 million in sales and 40 percent of its earnings. Chief among those products were its steering linkages, valves, and braking devices that it sold to General Motors, Ford, and Chrysler. TRW’s prospects improved in 1966. An auto parts boom helped the company’s profitability.