Woodward

Aerospace supplier Woodward plans a production facility in Greer, South Carolina, to build servo-hydraulic actuation systems, initially for the Airbus A350.

Diversified aerospace supplier Woodward posted increased sales and net income growth in its fiscal third quarter, driven by demand for its aftermarket services.

Air France-KLM has lodged a complaint with France’s competition watchdog, the Autorité de la Concurrence, against U.S.-based parts supplier Woodward.

Woodward expects its commercial aerospace business to return to growth in the second half of its fiscal 2025 as Boeing ramps up production of the 737 MAX.

Safran has sold its North American electromechanical actuation businesses to Woodward as it seeks to address antitrust concerns related to a deal with RTX.

JetZero has marked a key step toward development of its full-scale blended wing body demonstrator.

Recent comments from supplier executives suggest the acute challenges introduced in recent years may be easing.

Woodward cited strong commercial demand in the June quarter as its sales rose 6% year-on-year, with its aftermarket business doing particularly well.

The FAA’s decision to freeze 737 MAX production levels likely does not have a significant effect on top suppliers, according to executives and analysts.