Woodward's Aerospace segment makes fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles and thrust reverser actuation systems for turbine engines and nacelles. ↗
Woodward makes flight deck controls, actuators, servocontrols, motors and sensors for aircraft. ↗
Woodward's Industrial segment makes actuators, valves, pumps, fuel injection systems, solenoids, ignition systems and control systems for gas turbines, steam turbines, compressors and reciprocating engines. ↗
Woodward developed the fuel system, air management system and actuation hardware for the CFM LEAP engine. ↗
Woodward has content on defense applications including the Blackhawk and Apache helicopters, the F-35 and F-15 fighter jets, and smart defense weapons. ↗
Customers
RTX Corporation, GE Aerospace and The Boeing Company are each 10% or more customers of Woodward's Aerospace segment. ↗
Rolls-Royce, Caterpillar and GE Vernova are each 10% or more customers of Woodward's Industrial segment. ↗
Woodward has a strategic joint venture with GE Aerospace, one of its largest customers. ↗
Deals since 2020
Apr 202615
Woodward agrees to sell Woodward pilot controls product line to Ontic Engineering and Manufacturing
Buyer: Ontic Engineering and Manufacturing · Backed by CVC Capital Partners
Woodward's portfolio of pilot controls, such as throttle quadrant assemblies, rudder pedals and passive side sticks, manufactured in Niles, Illinois
Woodward buys Safran Electronics & Defense electromechanical actuation business
Seller: Safran
Safran Electronics & Defense's electromechanical actuation business in the United States, Mexico and Canada, including long-term customer agreements for Horizontal Stabilizer Trim Actuation systems
Woodward sells Woodward renewable power systems and protective relays businesses to the AURELIUS Group
Buyer: the AURELIUS Group
Woodward's renewable power systems business, protective relays business and other businesses within its Industrial segment (the majority of the disposal group)