Press release
06/10/2025
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.
Send releases and photographs to news@news.airframer.com — the pick of them reach Bulletin readers every Thursday.
The week’s aerospace manufacturing news, reported by our editors and delivered free to your inbox. Sign up ›
Subscribers see the confirmed supply chain behind every story — complete supplier lists for each aircraft program, sector and company. See the plans ›
Corrections go straight to the editorial team that maintains this directory.