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Woodward Announces Agreement to Acquire Valve Research & Manufacturing
Globenewswire· 2026-03-09 09:55
Core Viewpoint - Woodward, Inc. has announced an agreement to acquire Jet Research Development, Inc. (Valve Research & Manufacturing Company), enhancing its aerospace controls portfolio with high-precision flow control valve solutions [1][2]. Group 1: Acquisition Details - The acquisition will add precision electromagnetic valve solutions, including solenoid valves, check valves, and relief valves, to Woodward's aerospace controls capabilities [2]. - The transaction includes the acquisition of all outstanding shares of VRM, its manufacturing assets, and associated real estate, with an expected closing in the first half of 2026 [4]. Group 2: Strategic Importance - This acquisition is expected to provide opportunities to optimize Woodward's supply chain and enhance its ability to meet robust market demand for controls solutions in both commercial and defense aerospace sectors [4]. - The integration of VRM's expertise in precision flow control technologies will complement Woodward's existing capabilities in fuel and motion control systems, supporting growth strategies with aerospace OEMs [3][4]. Group 3: Company Backgrounds - Woodward is a global leader in energy conversion and control solutions for aerospace and industrial equipment markets, headquartered in Fort Collins, Colorado [5]. - Valve Research & Manufacturing Company (VRM) has been a trusted supplier in the aerospace industry for over 50 years, recognized for its engineering expertise and long-standing relationships with leading aerospace OEMs [6].