m_and_a
confidence high
sentiment positive
materiality 0.75
TransDigm agrees to acquire Simmonds Precision Products from RTX for $765M cash
TransDigm Group INC
- Acquisition of Simmonds Precision Products from RTX for ~$765M in cash, including tax benefits.
- Simmonds expected to generate ~$350M revenue in CY2025; ~40% from aftermarket, nearly all proprietary products.
- Transaction financed through existing cash on hand; subject to US regulatory approvals and customary conditions.
- Simmonds employs ~900 people, designs fuel & proximity sensing and structural health monitoring solutions.
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