:

Business/Financial

TransDigm To Acquire Simmonds Business From RTX For $765 Million

By Cal Biesecker

Monday, June 30th, 2025

SHARE:

TransDigm To Acquire Simmonds Business From RTX For $765 Million

Kevin Stein, president and CEO of TransDigm Group. Photo: TransDigm

TransDigm Group Inc. [TDG] on Monday said it has agreed to acquire the Simmonds Precision Products business from RTX [RTX] for $765 million, a deal that is in line with the company’s focus on acquisitions of businesses with proprietary components and strong aftermarket revenue. The cash deal includes certain tax benefits. TransDigm said the pending transaction is subject to regulatory approvals. Simmonds Precision Products has about 900 employees and is part of RTX’s Collins Aerospace segment. The business designs and…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]