Woodward benefits from the maintenance cycle of modern aircraft engines – stock hits a new all-time high!
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Woodward (WWD) provides energy conversion and control solutions for aerospace as well as industrial applications. These are used in aircraft, propane, natural gas, or diesel engines in forklifts, agricultural and mining machinery, trucks, buses, trains, and ships. In addition to strong demand in the defense sector, particularly the commercial service business for aviation with a revenue increase of 40% in the last quarter is an important growth driver. The acquisition of the electromechanical actuator business from Safran Electronics & Defense,...
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