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Woodward, Inc. has entered an agreement to acquire Valve Research & Manufacturing Company (VRM), based in Florida, which specializes in high-precision flow control valves for aerospace. This acquisition adds solenoid valves, check valves, and relief valves to Woodward's aerospace controls portfolio.

It aims to create growth opportunities in commercial and defense aerospace OEM applications, including the Next Generation Single Aisle programs. The transaction includes all outstanding shares of VRM and is expected to close in the first half of 2026, with VRM continuing operations and maintaining existing customer and supplier relationships.