July 13 (Reuters) - Aeroplane parts maker TransDigm ( TDG )

said on Monday it was withdrawing from its proposed $960 million

acquisition of Stellant Systems, a portfolio company of

Arlington Capital Partners.

The company recently concluded that pursuing the transaction

through the regulatory review process was no longer in its best

interest, TransDigm ( TDG ) said in a regulatory filing.

* The Cleveland, Ohio-based manufacturer said it "remains

committed to its disciplined acquisition strategy and continues

to evaluate acquisition opportunities that it believes will

enhance long-term shareholder value."

* The company raised its annual profit forecast in May after

posting a better-than-expected quarterly profit on strong

aftermarket demand.

* TransDigm ( TDG ) develops, manufactures and delivers specialized

aircraft components used in almost every commercial and military

aircraft in service.

* Defense tech co Stellant designs and makes high-power

radio frequency and microwave amplification systems used in

military, space, communications, medical and industrial

applications.

(Reporting by Megavarshini G. Somasundaram in Bengaluru;

Editing by Joyjeet Das)