Woodward completes acquisition of Safran’s NA electromechanical business

Woodward (WWD) has completed its acquisition of Safran’s Electronics & Defense electromechanical actuation business based in the United States, Mexico, and Canada.The acquisition, first announced in December 2024, includes intellectual property, operations assets, talent, and long-term customer agreements, including those for Horizontal Stabilizer Trim Actuation systems for aircraft stabilization to support safe and efficient flight, notably used for the Airbus A350. The A350 HSTA, a key product within the acquired portfolio, represents one of the most advanced electromechanical control technologies in large commercial aviation. The transaction also includes other electromechanical products and electronic control units with a portfolio of commercial and business aircraft applications. Teams will now work to ensure the integration process supports an efficient transition for team members and for customers. This acquisition was made in the ordinary course of business. It is not financially material, and therefore the financial terms of the transaction are not disclosed at this time. Additional information, if any, will be disclosed in upcoming periodic reports, in compliance with applicable rules.