Woodward Acquires Safran Electronics & Defense North American Electromechanical Actuation Business

Woodward (NASDAQ: WWD) signed a definitive agreement to acquire Safran Electronics & Defense’s electromechanical actuation business operating in the United States, Mexico and Canada, including IP, operations, talent and long-term customer agreements for Horizontal Stabilizer Trim Actuation (HSTA) systems. The acquisition strengthens Woodward's electromechanical actuation and flight-control product platform (notably supporting Airbus A350 programs); the transaction is expected to close in mid-2025 and financial terms were not disclosed.