Central tire inflation wheel assembly and valve

The present invention is a wheel assembly having a rim with a valve aperture extending therethrough that is designed to receive a valve having a simplified a construction that can be seated directly within a tire wheel assembly to minimize the number and type of components necessary for the valve. The valve includes a main body that is positionable in a sealed and recessed or embedded configuration within the aperture in the wheel rim in communication with the interior of the tire and with a pressurized air source that is used to inflate or deflate the tire. The main body encloses a valve mechanism that includes a components situated within the main body in a manner that enables the parts to be easily removed, cleaned and/or replaced if necessary without having to remove the entire valve assembly from the wheel.