SECURITIES AND EXCHANGE COMMISSION


                      WASHINGTON, DC 20549


                            FORM 8-K

                         CURRENT REPORT


        Pursuant to Section 13 or 15(d) of the Securities
                      Exchange Act of 1934



                         April 23, 1996
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        (Date of Report, date of earliest event reported)




                           VALCOR, INC.
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     (Exact name of Registrant as specified in its charter)
      Delaware             33-63044             74-2678674
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    (State or other        (Commission         (IRS Employer
     jurisdiction of        File Number)        Identification
     incorporation)                             No.)


     5430 LBJ Freeway, Suite 1700, Dallas, TX     75240-2697
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     (Address of principal executive offices)     (Zip Code)



                        (214) 233-1700
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      (Registrant's telephone number, including area code)



                        Not applicable
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     (Former name or address, if changed since last report)


Item 5:  Other Events
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            On April 23, 1996, the Registrant issued the press release attached
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hereto as Exhibit 99.1 which is incorporated herein by reference.

Item 7:  Financial Statements,  Pro Forma  Financial Information
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            and Exhibits
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    (c)  Exhibit
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            Item No.             Exhibit Index
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              99.1        Press release dated April 23, 1996
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                           issued by the Registrant


                           SIGNATURES
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        Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                 VALCOR, INC.
                                 (Registrant)



                                 By: /s/ Steven L. Watson
                                     -------------------------------

                                      Steven L. Watson
                                      Vice President & Secretary



Date:  April 23, 1996
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