Safran Offloads Actuation Units To Woodward With Collins Deal In Mind
Woodward will increase its shipset content for the Airbus A350 among other programs by acquiring Safran’s North American electromechanical actuation business.
Credit: ImageBroker.com GmbH & Co. KG/Alamy
Safran Electronics & Defense has sold its North America-based electromechanical actuation businesses to components supplier Woodward for an undisclosed amount, the two companies said Dec. 20. Franck Saudo, CEO of Safran Electronics & Defense, described the divestment as “another important milestone...
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