Woodward Signs Agreement to Acquire Safran’s Electromechanical Actuation Business Based in North America
Woodward, Inc. (WWD)
Last woodward, inc. earnings: 2/3 04:05 pm
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Source: GlobeNewswire
~Acquisition provides Woodward industry-proven electromechanical technology platform for next generation aircraft. It is a step forward for Safran towards the acquisition of Collins Aerospace actuation and flight control activities~ FORT COLLINS, Colo. and PARIS, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD), a global leader in aerospace and industrial energy control solutions, announced today that it has signed a definitive agreement to acquire the Safran Electronics & Defense electromechanical actuation business based in the United States, Mexico and Canada. The acquisition includes intellectual property, operations assets, talent, and long-term customer agreements for Horizontal Stabilizer Trim Actuation (HSTA) systems for aircraft stabilization to support safe and efficient flight, notably used for the Airbus A350. The HSTA, a key product within the acquisition, represents the most advanced electromechanical control technology in aviation. The acquisition will also
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News
- Woodward Signs Agreement to Acquire Safran's Electromechanical Actuation Business Based in North America [Yahoo! Finance]Yahoo! Finance
- Woodward Publishes 2024 Annual Report [Yahoo! Finance]Yahoo! Finance
- Woodward Publishes 2024 Annual ReportGlobeNewswire
- Woodward, Inc. (NASDAQ: WWD) had its price target raised by analysts at Barclays PLC from $175.00 to $200.00. They now have an "equal weight" rating on the stock.MarketBeat
- Woodward, Inc. (NASDAQ: WWD) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
WWD
Earnings
- 11/25/24 - Beat
WWD
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- 12/6/24 - Form DEFA14A
- WWD's page on the SEC website