Simmonds Precision Acquired by TransDigm for $765 Million
Deal News | Jun 30, 2025 | Wachtell, Lipton, Rosen & Katz
RTX Corporation, through its subsidiary Goodrich Corporation, has reached a definitive agreement to divest Simmonds Precision Products, Inc. to TransDigm Group Incorporated. This transaction, valued at $765 million, marks a significant strategy shift for RTX, positioning it to focus on core operations and enhancing shareholder value. Simmonds Precision, recognized as a leader in its field, is poised to join TransDigm’s portfolio, allowing TransDigm to enhance its position in the precision products sector. The acquisition, facilitated by legal advisors Wachtell, Lipton, Rosen & Katz, is expected to close after obtaining regulatory approvals and customary closing conditions.
Sectors
- Aerospace and Defense
- Mergers and Acquisitions (M&A)
Geography
- United States – The companies mentioned, RTX Corporation, TransDigm Group, and Goodrich Corporation, are based in the United States. The transaction and its impacts are likely focused on this geography.
Industry
- Aerospace and Defense – The article discusses the sale of Simmonds Precision Products, which operates in the aerospace and defense industry, to TransDigm Group, a major player in this sector.
- Mergers and Acquisitions (M&A) – The article covers a definitive agreement for the sale of Simmonds Precision Products, indicating a significant M&A activity.
Financials
- $765 million – The purchase price for the acquisition of Simmonds Precision Products by TransDigm Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RTX Corporation | Vendor | Company | A multinational aerospace and defense conglomerate, originally the parent company of Simmonds Precision Products. |
| Goodrich Corporation | Subsidiary of Vendor | Company | A business unit of RTX Corporation involved in this transaction. |
| Simmonds Precision Products, Inc. | Target Company | Company | A leading company in precision products, being sold to TransDigm Group. |
| TransDigm Group Incorporated | Buyer | Company | An aerospace manufacturing company acquiring Simmonds Precision Products for $765 million. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | Legal advisors involved in facilitating the transaction for RTX Corporation. |