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NewsPress release

Press release

TransDigm completes acquisition of the Simmonds Precision Products, Inc. business of Goodrich Corporation from RTX Corporation

06/10/2025

Press releaseIssued by TransDigm Group Incorporated and published as received — not written by Airframer’s editors.

TransDigm Group Incorporated today announced that it has successfully completed its acquisition of the Simmonds Precision Products, Inc. Business of Goodrich Corporation from RTX Corporation for approximately $765 million in cash, including certain tax benefits. TransDigm financed the acquisition through cash on hand. The acquisition of Simmonds was previously announced on June 30, 2025.

Simmonds, headquartered in Vergennes, Vermont, is a leading global designer and manufacturer of fuel & proximity sensing and structural health monitoring solutions for the aerospace and defense end markets. The Company's products are highly engineered, proprietary components with significant aftermarket content and a strong presence across major aerospace and defense platforms. Approximately 40% of Simmonds' revenue is derived from the aftermarket and nearly all of its revenue is generated from proprietary products. Simmonds is expected to generate approximately $350 million in revenue for the calendar year ending December 31, 2025. The Company employs approximately 900 people.