Private equity firms Warburg Pincus and Berkshire Partners agreed to pay $3 billion to acquire Triumph Group), a Pennsylvania maker of aftermarket parts for aerospace and defense systems. Why it matters: This suggests that private equity isn't worried about DOGE turning its attention to Pentagon spending,

Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Group Inc. for about $3 billion, including debt, according to people familiar with the matter.