Woodward Inc. has completed its acquisition of Safran's Electronics & Defense electromechanical actuation business in North America. Announced in December 2024, the acquisition encompasses intellectual property, operational assets, talent, and long-term customer agreements, including systems for the Airbus A350. The deal enhances Woodward's portfolio in electromechanical actuation and strengthens its strategic position in next-generation aircraft. Chip Blankenship, Chairman and CEO of Woodward, expressed excitement about the expansion and highlighted its alignment with the company's growth strategy.
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