TransDigm to buy Simmonds Precision Products from RTX in $765M deal

6 days ago 2
The concept of the word M&A on cubes on a beautiful green background

Zhanna Hapanovich/iStock via Getty Images

TransDigm Group (NYSE:TDG) said Monday it agreed to acquire Simmonds Precision Products business from RTX Corp.'s (RTX) Goodrich unit for ~$765M in cash, including certain tax benefits.

Vermont-based Simmonds is a global designer and manufacturer of fuel and proximity sensing

Recommended For You

More Trending News

Read Entire Article