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Woodward (WWD) Announces Agreement to Acquire Valve Research & Manufacturing Company
Yahoo Finance· 2026-03-14 18:30
Core Insights - Woodward Inc. (NASDAQ:WWD) is acquiring Jet Research Development, Inc., also known as Valve Research & Manufacturing Company (VRM), a Florida-based manufacturer specializing in high-precision flow control valves for aerospace applications. The acquisition includes all outstanding shares, manufacturing assets, and associated real estate, with the transaction expected to close in H1 2026 [1]. Group 1: Acquisition Details - The acquisition of VRM is aimed at enhancing Woodward's aerospace controls portfolio by integrating VRM's electromagnetic valve solutions, which will improve engineering and manufacturing capabilities for fuel and motion control systems [2]. - The deal supports long-term growth strategies within commercial and defense aerospace markets, particularly focusing on next-generation aircraft programs. VRM's approximately 130 employees will contribute specialized technical knowledge to Woodward's aerospace segment [3]. Group 2: Company Overview - Woodward Inc. designs, manufactures, and services control solutions for aerospace and industrial markets globally, operating through two segments: Aerospace and Industrial [4].