WWD · Woodward, Inc.
Press releases and events scraped from the company's investor relations website. Past events open our own call or event page when we host one; otherwise listings link to the original source.
Recent news
| Date | Headline |
|---|---|
| 2026-07-29 |
Woodward Reports Third Quarter Fiscal Year 2026 Results
Raising Earnings Guidance Based on Strong Third Quarter and Confidence in the Fourth Quarter FORT COLLINS, Colo., July 29, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its third quarter ended June 30, 2026. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. All references to years are references to the Company’s fiscal year unless otherwise stated. All percentages have been calculated using unrounded amounts. Third Quarter Overview Third Quarter 2026 Year-to-Date 2026 Net sales $1.1B, +21% $3.2B, +24% Earnings per share (EPS) $2.40, +36% $6.76, +36% Adjusted EPS 1 $2.52, +43% $6.96, +45% Net cash provided by operating activities $147M, +17% $352M, +48% Free cash flow 1 $87M, -12% $196M, +23% “We delivered outstanding third quarter results, including significant sales growth and margin expansion in both segments,” said Chip Blankenship, Chairman and Chief Executive Officer. “In Aerospace, commercial services demand was resilient, while commercial OEM benefited from increasing aircraft production rates. Industrial sales and earnings performance was outstanding, with segment earnings growth of 86 percent driven by substantial sales growth across all primary markets. “Demand across our portfolio remains durable, and our teams continue to expand capacity, improve flow, and support customers. We are raising our full-year earnings guidance and remain focused on creating long-term value for shareholders through profitable growth, operational excellence, and innovation.” Third Quarter Fiscal Year 2026 Company Results Total Company Results (Dollars in millions, except per share amounts) Three Months Ended June 30, Nine Months Ended June 30, 2026 2025 Year over Year 2026 2025 Year over Year Income Statement Net sales $ 1,110 $ 915 21 % $ 3,197 $ 2,572 24 % Net earnings 147 108 35 % 414 304 36 % Adjusted net earnings 1 * 154 108 42 % 426 294 45 % EPS $ 2.40 $ 1.76 36 % $ 6.76 $ 4.96 36 % Adjusted EPS * $ 2.52 $ 1.76 43 % $ 6.96 $ 4.80 45 % EBIT 1 208 137 51 % 565 394 44 % Adjusted EBIT 1 * 217 137 58 % 581 381 53 % EBITDA 1 240 166 45 % 656 478 37 % Adjusted EBITDA 1 * 249 166 50 % 672 465 45 % Effective tax rate 24.2 % 14.5 % 970 bps 21.8 % 15.8 % 600 bps Adjusted effective tax rate 1 * 24.2 % 14.5 % 970 bps 21.9 % 15.5 % 640 bps Cash Flow and Financial Position Net cash provided by operating activities $ 147 $ 126 17 % $ 352 $ 238 48 % Capital expenditures 60 27 125 % 156 79 99 % Free cash flow 87 99 -12 % 196 159 23 % Dividends paid 19 17 55 48 Share repurchases 198 45 553 124 Total debt 1,342 933 EBITDA leverage 1 1.6x 1.5x *There were no adjustments to these measures in the third quarter of fiscal year 2025 Segment Results Aerospace (Dollars in millions) Three Months Ended June 30, Nine Months Ended June 30, 2026 2025 Year over Year 2026 2025 Year over Year Commercial OEM $ 234 $ 175 34 % $ 640 $ 497 29 % Commercial services 268 215 24 % 788 581 36 % Defense OEM 141 150 -6 % 430 401 7 % Defense services 66 55 20 % 189 173 9 % Sales 709 596 19 % 2,047 1,652 24 % Segment earnings 170 126 35 % 476 345 38 % Segment margin % 24.0 % 21.1 % 290 bps 23.3 % 20.9 % 240 bps Segment earnings for the third quarter of 2026 were $170 million, or 24.0 percent of segment sales. The increase in segment earnings in the quarter was the result of price realization and increased leverage on higher sales volumes, partially offset by inflation and unfavorable mix. Segment earnings for the first nine months of fiscal 2026 were $476 million, or 23.3 percent of segment sales. The increase in segment earnings in the first nine months of the fiscal year was the result of price realization and increased leverage on higher sales volumes, partially offset by strategic investments in manufacturing capabilities, inflation, and unfavorable |
| 2026-07-21 |
Woodward Inaugurates Expanded Production for High-Speed Fuel Injection Systems in Glatten, Germany
Expansion will serve OEM customer demand driven by market growth in power generation GLATTEN, Germany and FORT COLLINS, Colo., July 21, 2026 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD), a global leader in energy controls for aerospace and industrial applications, officially inaugurated its expanded manufacturing facility in Glatten, Germany, this week. The event marks the completion of a strategic investment that increases production capacity by 50 percent for high-speed fuel injection systems, which are used in power generation, marine transportation, and oil & gas applications. The approximately 3,000-square-meter expansion advances Woodward’s broader strategy to invest in manufacturing capabilities supporting long-term growth. The site integrates advanced automation, digital manufacturing technologies, and Lean manufacturing practices that strengthen productivity, flexibility, and competitiveness. The inauguration brought together employees, customers, community leaders, and government representatives, including Dr. Nicole Hoffmeister-Kraut, Baden-Württemberg’s Minister for Economic Affairs, Skilled Crafts and Tourism, underscoring the facility’s role in regional manufacturing, skilled employment, and long-term economic development. Also offering their congratulations were Katrin Schindele, MdL Landtag Baden-Württemberg, Prof. Dr. Erik Schweickert (former Member of the State Parliament) and Tore-Derek Pfeifer, Mayor of Glatten. “The expansion of our Glatten factory demonstrates Woodward’s commitment to operational excellence as we deliver on market growth,” said Steffen Doelker, Vice President and General Manager of Woodward’s Diesel Fuel Systems Business Unit. “We are incorporating industry-leading manufacturing technologies and practices here that will enable us to improve productivity and deliver on our customers’ evolving needs. I’m very proud of what the team has done here.” About Woodward Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion, and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Media Contact: Jennifer Regina Woodward Communications +1970 559 8840 [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3331c93-5128-44fd-a70c-2de61eef2fe4 Woodward Inaugurates Expanded Production for High-Speed Fuel Injection Systems in Glatten, Germany Woodward's Expanded Production for High-Speed Fuel Injection Systems will serve OEM customer demand. Source: Woodward, Inc. |
| 2026-07-21 |
HAECO and Woodward Establish Elite-Level Agreement to Support Global CFM International LEAP Engine Fleet
FORT COLLINS, Colo. and HONG KONG, July 21, 2026 (GLOBE NEWSWIRE) -- HAECO, a leading global Maintenance, Repair and Overhaul (MRO) services provider, and Woodward (NASDAQ: WWD), a world leader in aerospace and industrial controls, have signed an Elite Licensed Repair Service Facility (LRSF) agreement, establishing a long-term strategic partnership to support Woodward components on the CFM International* LEAP‑1A, LEAP‑1B, and LEAP‑1C engines. Under the terms of the Elite LRSF agreement, HAECO is authorized to deliver a full suite of MRO services for Woodward’s entire product portfolio of fuel control, engine actuation, and air management systems supporting the CFM LEAP engine family. This agreement positions HAECO within Woodward’s Elite LRSF network and marks a significant milestone in expanding OEM-aligned component support for the rapidly growing fleet. By joining this network, HAECO strengthens its capability to serve customers with OEM-authorized repair solutions, ensuring consistent quality and seamless service delivery across regions. The agreement also reinforces HAECO’s role as a leading support hub in Asia-Pacific and mainland China for engine component services. Leveraging its established footprint in Hong Kong and Xiamen, HAECO will provide localized, OEM-approved repair capabilities closer to operators in a region representing the fastest-growing share of the global CFM LEAP fleet. The inclusion of CFM LEAP‑1C further reflects Woodward’s and HAECO’s shared commitment to supporting the continued growth of China’s aviation industry. For airline operators, this agreement enhances access to OEM-approved repair solutions for critical engine system components, delivering market-leading turnaround times and optimized fleet availability. It also underscores both companies’ commitment to investing in advanced capabilities, technical alignment, and lifecycle support to ensure consistent, high-quality service as the global fleet continues to expand. George Edmunds, Group Director of Component and Engine Services at HAECO, said, “This agreement marks a significant milestone in HAECO’s expansion into CFM International LEAP engine component support. Being selected as one of Woodward’s Elite Licensed Repair Service Facilities reinforces our position as a trusted provider within the global MRO network and strengthens our role as a leading support hub in Asia-Pacific and mainland China for this generation of engine services, while positioning us to support airline customers across the global CFM International LEAP fleet through Woodward’s Elite LRSF network. We are committed to delivering OEM-aligned, best-in-class repair solutions that enhance operational reliability, reduce turnaround times, and support our customers as the CFM International LEAP fleet continues its rapid global expansion.” “HAECO is a trusted partner with strong regional capabilities across Asia-Pacific and mainland China,” said John DiSilvestro, Vice President of Sales, Marketing and Service for Woodward. “The execution of the Elite LRSF agreement with HAECO expands our global support network and strengthens the availability of reliable, high-quality repair solutions for Woodward components on CFM International LEAP engines. As the global fleet continues to grow, agreements such as this are essential to ensuring seamless service delivery, improved asset availability, and long-term customer support.” *CFM International is a 50/50 joint company between GE Aerospace and Safran Aircraft Engines. About HAECO Group HAECO Group is one of the world’s leading aircraft engineering and maintenance service providers. We provide a comprehensive range of solutions encompassing airframe services, line services, component overhaul, aerostructure repairs, landing gear services, engine services, global engine support, parts manufacturing and technical training. HAECO Group comprises 14 operating companies, employing around 15,000 staff in Hong Kong, Chinese Mainland, Europe and |
| 2026-07-14 |
Woodward Schedules Fiscal 2026 Third Quarter Earnings Release and Conference Call
FORT COLLINS, Colo., July 14, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2026 third quarter financial results at approximately 4:00 p.m. ET on Wednesday, July 29, 2026. A news release will be issued at that time, and a conference call will be held at 5:00 p.m. ET. During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com . The call and presentation will be available on the website by selecting “Investors / Events and Presentations” from the menu and will remain accessible on the company’s website for one year. You may also listen to the call by dialing + 1 (833) 461-5787 (U.S. domestic) or + 1 (585) 542-9983 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 180 854 471. About Woodward, Inc . Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . CONTACT: Dan Provaznik Director Investor Relations 970-498-3849 [email protected] Source: Woodward, Inc. |
| 2026-07-10 |
Woodward Named to TIME’s America’s Best Companies 2026 List
FORT COLLINS, Colo., July 10, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for the aerospace and industrial markets, has been named one of America’s Best Companies 2026 by TIME and Statista, Inc. The list recognizes companies driving innovation, accountability and long-term success while demonstrating strong employee satisfaction, financial strength and transparency of environmental, social, and governance (ESG) principles. TIME conducted the survey in collaboration with Statista, a global leader in data and market analysis. Woodward is one of only 25 aerospace and defense companies named among the 1,000 companies on the list. “Recognition on TIME's list of America’s Best Companies is an honor that reflects our team's commitment to fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future,” said Chip Blankenship, Woodward’s Chairman and CEO. “Woodward remains focused on serving our Aerospace and Industrial customers while creating long-term value for our shareholders, members, and the communities where we operate.” America’s Best Companies 2026 were identified based on three dimensions: Employee Satisfaction: Based on anonymous survey data from approximately 217,000 employees. Financial Performance: Analysis of revenue growth, profitability, and asset performance using multiyear financial data for companies with at least $100 million in revenue. Sustainability: Evaluation of environmental impact, social responsibility, and governance practices using standardized ESG metrics. Woodward was also named to TIME’s World’s Best Companies 2025 list and to TIME’s America’s Best Midsize Companies 2025 and 2024 lists. About Woodward, Inc. Woodward (NASDAQ: WWD) is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. The company’s purpose is to design and deliver energy control solutions its partners count on to power a clean future. Woodward’s innovative fluid, combustion, electrical, propulsion, and motion control systems operate in some of the world’s most demanding environments. Headquartered in Fort Collins, Colorado, Woodward serves customers worldwide. Visit www.woodward.com . Media Contact: Jennifer Regina +1 970-559-8840 [email protected] Source: Woodward, Inc. |
| 2026-07-08 |
Woodward Publishes Its 2025 Sustainability Report Highlighting Progress in Environmental Stewardship, Social Responsibility, and Governance
FORT COLLINS, Colo., July 08, 2026 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD), a global leader in aerospace and industrial controls, today announced the publication of its 2025 Sustainability Report, which highlights the company's ongoing progress in environmental stewardship, social responsibility, and governance. The report outlines the company’s approach to creating long-term value through operational excellence and global teams focused on the company’s purpose to design and deliver energy control solutions our partners count on to power a clean future. Among the highlights from the 2025 report: Enhanced environmental disclosures, including full Scope 1 and Scope 2 greenhouse gas emissions, energy intensity, and water withdrawal across our global operations Continued implementation of Human and Organizational Performance (HOP) at Woodward locations around the world Continued investment in members through nearly 18,000 hours of training, and ranking in the top quartile for employee engagement among manufacturing companies Development of our community engagement and volunteerism program, Fueling Futures, which is the focused approach we take to our philanthropy efforts within the United States An outline of Woodward’s first formal double materiality assessment "Woodward operates with integrity and determination to have a positive impact on our world, with a clear focus on delivering value for all our stakeholders, including our customers, shareholders, members, and communities," said Chip Blankenship, Woodward’s Chairman and CEO. "The progress reflected in our 2025 Sustainability Report is evidence of our team’s dedication to fulfilling our purpose, while keeping our core values of integrity, respectful and accountable, and humble and driven, as our guide in everything we do.” See the full report: Woodward 2025 Sustainability Report About Woodward Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion, and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Notice Regarding Forward-Looking Statements This press release contains forward-looking statements, including statements regarding Woodward's sustainability strategy, long-term value creation, operational excellence, member development, and community engagement initiatives. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that may affect actual results include changes in economic, market, regulatory, customer, operational, and other business conditions, as well as Woodward's ability to successfully execute its strategic and sustainability initiatives. Forward-looking statements speak only as of the date of this press release, and Woodward undertakes no obligation to update them except as required by law. Media Contact: Jennifer Regina VP, Communications +1 970-559-8840 [email protected] Investor Contact: Dan Provaznik Director, Investor Relations +1 970-498-3849 [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/40b24885-8397-4283-bd05-b328c66b013c Woodward Has Published Its 2025 Sustainability Report Woodward's latest Sustainability Report highlights Progress in Environmental Stewardship, Social Responsibility, and Governance Source: Woodward, Inc. |
| 2026-06-25 |
Woodward Announces Declaration of Dividend
FORT COLLINS, Colo., June 25, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.32 per share for the quarter, payable on September 3, 2026, for stockholders of record as of August 20, 2026. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Notice Regarding Forward-Looking Statements The statements in this release contain forward-looking statements that involve risks and uncertainties, including statements concerning the company’s cash dividend. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements except as required by law. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2025, and any subsequently filed Quarterly Report on Form 10-Q. CONTACT: Dan Provaznik Director Investor Relations 970-498-3849 [email protected] Source: Woodward, Inc. |
| 2026-04-29 |
Woodward Reports Second Quarter Fiscal Year 2026 Results
Raising Sales and Earnings Guidance Based on Strong Second Quarter and Confidence in the Second Half Outlook FORT COLLINS, Colo., April 29, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its second quarter ended March 31, 2026. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. All references to years are references to the Company’s fiscal year unless otherwise stated. Second Quarter Overview Second Quarter 2026 Year-to-Date 2026 Net sales $1.1B, +23% $2.1B, +26% Net earnings $134M, +23% $268M, +37% Adjusted net earnings 1 $139M, +35% $273M, +47% Earnings per share (EPS) $2.19, +23% $4.36, +36% Adjusted EPS 1 $2.27, +34% <td style="width:1.96373%;;text-align: center ; vertic |
| 2026-04-27 |
Woodward Announces Declaration of Dividend
FORT COLLINS, Colo., April 27, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.32 per share for the quarter, payable on June 4, 2026, for stockholders of record as of May 21, 2026. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Notice Regarding Forward-Looking Statements The statements in this release contain forward-looking statements that involve risks and uncertainties, including statements concerning the company’s cash dividend. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2025, and any subsequently filed Quarterly Report on Form 10-Q. CONTACT: Dan Provaznik Director Investor Relations 970-498-3849 [email protected] Source: Woodward, Inc. |
| 2026-04-24 |
Woodward Elects Frederico Fleury Curado to Its Board of Directors
Curado is a distinguished global executive who brings CEO and board experience across industrial, energy, and aerospace markets FORT COLLINS, Colo., April 24, 2026 (GLOBE NEWSWIRE) -- Woodward (NASDAQ: WWD), a world leader in the design and manufacture of aerospace and industrial controls, today announced the election of Frederico Fleury Curado to its Board of Directors and its Audit Committee, effective June 1, 2026. Curado brings more than four decades of leadership experience in industrial and aerospace companies. “Fred is a proven global business leader who has helped complex organizations improve performance and sharpen strategy,” said Chip Blankenship, Chair and CEO of Woodward. “His deep experience across industrial, energy, and aerospace markets, along with a strong track record in governance and his global experience, will be valuable as we pursue our long-term growth strategy and create value for our company, our customers, and stockholders.” Curado most recently served as Chief Executive Officer of Ultrapar S.A. from 2017 to 2021. During his tenure, he led a comprehensive portfolio optimization strategy that repositioned the company around its core energy and infrastructure businesses, enabling greater focus and capital allocation to its fuel distribution, LPG, and logistics platforms. Prior to Ultrapar, Curado served as President and Chief Executive Officer of Embraer S.A. from 2007-2016. During his tenure, Curado helped transform Embraer from a regional jet manufacturer into a diversified global aerospace leader, overseeing the development of the E-Jets E2, Legacy 450/500 and KC-390 Millennium programs. Earlier in his career, Curado held senior leadership roles in the aerospace sector, where he developed a strong reputation for operational excellence, international market expansion, and disciplined capital management. Curado’s board and executive leadership experience spans governance, compensation, audit oversight, environmental, and safety matters, bringing practical oversight experience to Woodward’s Board. He currently serves on the boards of ABB Ltd. (Chair, Compensation Committee), LATAM Airlines Group S.A. (Chair, Audit Committee), and Transocean Ltd. (Compensation Committee and Chair, Governance, Safety & Environment Committee). About Woodward Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion, and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Media Contact: Jennifer Regina +1 970-559-8840 [email protected] Investor Contact: Dan Provaznik Director Investor Relations +1 970-498-3849 [email protected] A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=wZUlmE9tXFSF6YvTH29L17OMOdrfZAQNFr86S2nRjNo3NwX_rVYL69e9dTD1TwY8gr6EK8SdD-sYbwcQGljp1VL7Egg0XjKV6nc9R2LUN1qU8AvMb2sVi5-qbtf-eyunLruuviH7GsnIGQ9XVlMg56mdkVVhdDBxasJ-L8VfQ6weW6N0S9xlyspbZxxfq5kMd9ZxdixdSFxodGSfn1F41iGY3P019ZtMycSpkrUgN8oVRf4k_ol4vEEaCeDtzMMF0nuYLaWKUoqcEgMPT_JBbw==" re |
| 2026-04-23 |
Woodward and AFI KLM E&M Announce Elite-Level Licensing Agreement for LEAP Engine MRO Services
PARIS and AMSTERDAM and FORT COLLINS, Colo., April 23, 2026 (GLOBE NEWSWIRE) -- Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has signed an Elite Licensed Repair Service Facility (LRSF) Agreement with Woodward to support the CFM International LEAP-1A and LEAP-1B* engines. Under this agreement, AFI KLM E&M is now authorized to deliver a full suite of maintenance, repair, and overhaul (MRO) services for Woodward components across the CFM LEAP engine family. This includes fuel controls, actuators, pumps, and valves—critical systems ensuring optimal engine performance and reliability. With a rapidly expanding global CFM LEAP engine fleet, this agreement strengthens AFI KLM E&M’s position as a CFM Premier MRO Provider, making it a key player in next-generation engine support. It also reinforces the Group’s ability to meet increasing demand for high-quality, reliable, and competitive MRO solutions worldwide. For airline operators, the partnership enhances access to certified repair capabilities for essential fuel system components, contributing to improved turnaround times and operational efficiency. By combining AFI KLM E&M’s recognized expertise in engine maintenance with Woodward’s advanced technologies, the collaboration aims to maximize fleet availability while minimizing maintenance-related disruptions. “This agreement marks an important milestone in expanding our LEAP engine support capabilities and further strengthening our collaboration with Woodward,” said Anne Brachet, Executive Vice President Air France-KLM E&M. “As the LEAP fleet continues to grow, our priority is to provide our customers with reliable, high-performance MRO solutions that ensure operational continuity and cost efficiency. This partnership reinforces our commitment to delivering best-in-class support for next-generation engines.” “This agreement reflects the start of a new chapter in our relationship with AFI KLM E&M, and we are honored to add such a reputable provider of services to the Woodward Elite LRSF network,” said John DiSilvestro, Senior Vice President of Sales, Marketing and Service at Woodward. “ With an ever-growing fleet of CFM LEAP engines, having a trusted and experienced services provider like AFI KLM E&M is critical to ensuring seamless service delivery and customer satisfaction.” At MRO Americas (left to right, front to back): Jacob Roush, Vice President Sales and Marketing at Woodward. Jean-Louis Forest, Senior Vice President Engine Product at Air France Industries KLM E&M Group, John DiSilvestro, Senior Vice President of Sa |
| 2026-04-22 |
AAR and Woodward Sign Multi-Year Commercial Distribution Agreement
FORT COLLINS, Colo., April 22, 2026 (GLOBE NEWSWIRE) -- AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year commercial distribution agreement with Woodward (NASDAQ: WWD), a world leader in the design and manufacture of aerospace and industrial controls. Under the agreement, AAR will serve as the preferred distributor of Woodward high-demand consumable parts, including fuel filters, gaskets, and seals for the CFM LEAP*, GEnx, and CF34 engines, direct to commercial airlines. These parts are critical to ensuring optimal engine performance and reliability and represent some of the highest-demand components in commercial aviation today. This agreement expands an existing relationship: AAR has distributed Woodward parts to the defense market, and this agreement extends that proven channel into commercial aviation. For customers, that means direct access to Woodward components through AAR’s global warehouse network, with faster delivery and reliable support, including in Aircraft on Ground (AOG) situations. “Customers depend on commercial engine consumables to keep these engines running reliably, and getting those parts quickly is critical,” said Jacob Roush, Vice President Sales and Marketing for Woodward. “AAR’s global reach and proven distribution track record make them the right partner to put Woodward parts where airlines need them, when they need them.” “This new agreement recognizes AAR’s success in distributing Woodward parts to the defense market and Woodward’s confidence in our ability to deliver the same results to the commercial aviation market. We are excited to expand our parts offerings for these critical high-growth engines,” said Frank Landrio, AAR’s Senior Vice President of Distribution. For more information on AAR’s new parts Distribution, part of the Company’s Parts Supply segment, visit https://www.aarcorp.com/en/parts/new-parts/ . In the photo (front left to right) John DiSilvestro, Senior Vice President of Sales, Marketing, and Service at Woodward with Frank Landrio, AAR’s Senior Vice President of Distribution (back left to right) Jacob Roush, Vice President Sales and Marketing for Woodward; John Holmes, Chairman, President and CEO of AAR.; and Tony Lawrence, Director of Sales for Woodward. About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at <a href="https://www.globenewswire.com/Tracker?data=SZhAEIHvtVb2MLav07f86SVXYOKYgHAV_Ixn4xRUx8OGRbkSUqLN_bthuqeh7xUV43oBnBn_LWndfMB0ZsXFQw==" rel="no |
| 2026-04-22 |
Woodward Partners with Lufthansa Technik as an Elite-Level Licensed Repair Service Facility for CFM LEAP Engine Controls
Collaboration combines Lufthansa Technik’s engine services expertise with Woodward’s leading technology to ensure efficiency and increase uptime for CFM LEAP engine-powered aircraft FORT COLLINS, Colo., April 22, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) and Lufthansa Technik have entered an Elite Licensed Repair Service Facility Agreement (LRSF), reinforcing their long-standing cooperation for support of Woodward components on the CFM International LEAP-1A and LEAP-1B * engines. As part of Woodward’s newly established two-tier global support network, Lufthansa Technik is the first network partner authorized to provide the complete range of repair and overhaul services on Woodward fuel controls, valves, and actuators on the CFM LEAP engines. For operators of Airbus A320neo and Boeing 737 MAX aircraft, this agreement will translate into enhanced service resilience and greater planning certainty. Lufthansa Technik, as a CFM Premier MRO provider, already supports a significant number of CFM LEAP engine-powered aircraft. The Elite partnership further strengthens Lufthansa Technik’s ability to deliver integrated, OEM-aligned repair and overhaul services for Woodward fuel controls, actuators, and valves – the critical system that drives engine performance and reliability – as CFM LEAP fleets continue to grow. As part of the collaboration, Lufthansa Technik will invest in advanced tooling and test equipment to enable full Elite-level capabilities for Woodward components. This investment reflects the company’s long-term commitment to the CFM LEAP platform and its determination to deliver OEM-compliant, high-quality repair solutions for CFM LEAP-1A and LEAP-1B engine operators worldwide. “The partnership with Lufthansa Technik is an important step forward in our collaboration and for delivering excellent service to customers,” said John DiSilvestro, Senior Vice President of Sales, Marketing, and Service at Woodward. “Lufthansa Technik is a proven leader in engine and component maintenance and a trusted partner. Together, we are strengthening global support for the growing CFM LEAP engine fleet.” “For our customers, this partnership agreement translates into tangible operational benefits: OEM-supported repair capabilities, close technical alignment, and continuity provide the reliability that airlines need when operating highly efficient and complex next-generation engines,” said Berit Plewinsky, Vice President Commercial Aircraft Component Services at Lufthansa Technik. “This milestone strengthens our ability to support LEAP fleets sustainably throughout their lifecycle.” “This collaboration reflects a high level of mutual trust and long-term commitment between Woodward and Lufthansa Technik,” said Henning Linnekogel, Senior Director OEM Partner Management at Lufthansa Technik. “By joining Woodward’s ELITE network as the first independent MRO, we are deepening our collaboration and setting new standards in CFM LEAP component support.” “This agreement is about delivering more value to customers,” said Jacob Roush, Vice President of Sales at Woodward. “Airlines need highly reliable solutions that keep aircraft flying efficiently and downtime to a minimum. Partnering with Lufthansa Technik at the Elite level allows us to expand access to OEM-aligned services for Woodward fuel controls, actuators, and valves across the global CFM LEAP fleet.” <img alt="Woodward and Lufthansa Technik at MRO Americas" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="449" src="https://ml.globenewswire.com/Resource/Download/2972f3d0-8a57-4d27-b690-c720ceb55318/lht-photo.jpg" style="display:block; margin-left:auto; margin-right:auto;" width="600" data-dpi="350" data-caption="From left to right: Henning Linnekogel, Senior Director OEM Partner Managemen |
| 2026-04-15 |
Woodward Announces Agreement to Sell Its Pilot Controls Product Line to Ontic Engineering and Manufacturing
Transaction supports the company’s strategy to focus on its core growth portfolios FORT COLLINS, Colo., April 15, 2026 (GLOBE NEWSWIRE) -- Today, Woodward, Inc. (NASDAQ: WWD), a world leader in aerospace and industrial controls, announced that it has entered into an agreement to sell its pilot controls product line and associated services to Ontic Engineering and Manufacturing. The transaction includes Woodward’s portfolio of pilot controls for commercial and defense applications, such as throttle quadrant assemblies, rudder pedals, and passive side sticks that are currently manufactured at Woodward’s facility in Niles, Illinois. It is subject to customary closing conditions and regulatory approvals. “This agreement with Ontic reflects our long-term strategy to optimize our portfolio and invest in our core growth areas across aerospace commercial and defense products and services,” said Shawn McLevige, President of Woodward’s Aerospace Segment. “We believe Ontic is well-positioned to support the products and serve customers moving forward.” As part of the transaction, Woodward and Ontic will enter into a long-term supply agreement under which Woodward will remain the sole supplier of certain engineered electromechanical components for pilot controls. In addition, Woodward will provide transition services over a 9-to-12-month period following the transaction close to support continuity of customer delivery. A stronger, more focused Woodward "This adds to other recent strategic moves we’ve announced, including closing our acquisition of Valve Research and Manufacturing, relocating servo line production from California to our premier Rock Cut facility, starting construction on our new Spartanburg facility for Airbus 350 spoiler actuation systems, and the transformation of our Loves Park site into a High-Volume Aerospace Services center. We are building a stronger, more focused Woodward as we invest in high-growth opportunities and expand in the right areas to position Woodward to create more value for our company, our customers, and our shareholders," said McLevige. Gareth Hall, Ontic Chief Executive Officer, said, "We are pleased to have signed this latest agreement with Woodward. By transferring these product lines to Ontic, Woodward can focus on advancing next-generation aviation technologies, while customers benefit from our proven expertise in long-term product support.” Hall added, "This agreement reflects the strength of Ontic’s model in sustaining critical aerospace parts. Pilot controls are critical to aircraft operation, and we are committed to ensuring their ongoing reliability, availability, and performance worldwide. We look forward to working closely with Woodward to deliver a smooth transition and continued excellence for customers that depend on these systems.” About Woodward Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion, and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . About Ontic Ontic is a leading manufacturer to the world’s civil and military aircraft. By becoming the OEM to critical parts others originally developed, we provide continuity, availability and longevity to our customers’ fleets, supporting them for a lifetime of flight. Through our |
| 2026-04-13 |
Woodward Schedules Fiscal 2026 Second Quarter Earnings Release and Conference Call
FORT COLLINS, Colo., April 13, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2026 second quarter financial results at approximately 4:00 p.m. ET on Wednesday, April 29, 2026. A news release will be issued at that time, and a conference call will be held at 5:00 p.m. ET. During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com . The call and presentation will be available on the website by selecting “Investors / Events and Presentations” from the menu and will remain accessible on the company’s website for one year. You may also listen to the call by dialing + 1 (800) 715-9871 (U.S. domestic) or + 1 (646) 307-1963 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 4675940. About Woodward, Inc . Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . CONTACT: Dan Provaznik Director Investor Relations 970-498-3849 [email protected] Source: Woodward, Inc. |
| 2026-03-09 |
Woodward Announces Agreement to Acquire Valve Research & Manufacturing
~Acquisition Will Complement Woodward’s Aerospace Controls Portfolio~ FORT COLLINS, Colo., March 09, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today announced it has entered into an agreement to acquire Jet Research Development, Inc., doing business as Valve Research & Manufacturing Company (VRM), a Florida-based manufacturer of high-precision flow control valves for aerospace applications. The acquisition adds precision electromagnetic valve solutions, including solenoid valves, check valves, and relief valves, to Woodward’s comprehensive aerospace controls capabilities. It also enables new growth opportunities across commercial and defense aerospace OEM applications, including Next Generation Single Aisle (NSA) programs. Solenoid technology for precision flow control plays a vital role in both current and future defense and commercial aircraft programs. VRM’s approximately 130 employees bring deep expertise in precision flow control technologies, which complement Woodward’s world-class engineering, design, and manufacturing capabilities in fuel and motion control systems. VRM’s solutions are trusted by leading aerospace OEMs and applied across major commercial and defense aircraft programs. “This acquisition is another example of how we are adding critical enablers to best serve our customers and grow our business,” said Shawn McLevige, President of Woodward’s Aerospace segment. “In the near term, it provides opportunities to optimize our supply chain and enhance our ability to deliver on robust market demand for our controls solutions. Over the long term, it supports our growth strategy with aerospace OEMs and end users, including increased content on next-generation aircraft. VRM’s foundation in innovation and commitment to engineering and product excellence make it an excellent fit for our aerospace business.” “After more than 50 years as a family-owned business, we were thoughtful about choosing the right partner for Valve Research’s next chapter,” said Patricia Kilgallon, President of Valve Research. “We’ve worked with Woodward for decades and know the caliber of their organization. Their reputation for taking care of their people and their commitment to engineering excellence made them the right choice for our team, our customers, and the legacy my father, Paul L. Cruz, created.” The transaction includes the acquisition of all outstanding shares of VRM, its manufacturing assets, and associated real estate. VRM will continue operating without interruption, and customer contracts and supplier relationships will remain unchanged. The transaction is expected to close in the first half of 2026. About Woodward Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion, and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com. About Valve Research & Manufacturing Company (VRM) Valve Research & Manufacturing Company (VRM) is a Florida-based manufacturer of high-precision flow control valves, including check valves, relief valves, and solenoids for aerospace applications. Founded in 1974 in a 900-square-foot warehouse in Fort Lauderdale, Florida, VRM was built by Paul L. Cruz, who applied his mechanical engineering talent and entrepreneurial spirit to grow the company into a valued supplier to the aerospace industry over the past 50 years. VRM is recognized for its engineering expertise and long-standing relationships with leading aerospace OEMs. Notice Reg |
| 2026-02-12 |
Woodward Recognized on Forbes’ 2026 List of Most Successful Mid-Cap Companies
FORT COLLINS, Colo., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for the aerospace and industrial markets, has been recognized by Forbes as one of America’s Most Successful Mid ‑ Cap Companies for 2026. The annual ranking, developed using data from FactSet, evaluates companies on earnings growth, sales growth, return on equity, and total stock return over the past five years. This is the most recent honor in a list of business and finance accolades that Woodward has received, including the 2024 Forbes list of America’s Most Successful Mid-Cap Companies and the 2026 Forbes Best Companies List, among others. “We’re proud to be recognized once again on the Forbes list of America’s Most Successful Mid‑Cap Companies,” said Chip Blankenship, Chair and CEO of Woodward. “It reflects disciplined execution by our global team members and their ongoing dedication to serving our customers while creating value for our shareholders. Our focus on our value drivers of growth, operational excellence, and innovation continues to advance our strategy for long-term success and our purpose to design and deliver energy control solutions our partners count on to power a clean future .” Woodward delivered strong financial performance in fiscal year 2025, with net sales reaching $3.6 billion. Momentum continued into the first quarter of fiscal year 2026, with strong sales and earnings performance. The company’s full financial results can be found here: Woodward - Investor Relations The Forbes list for 2026 can be found here: America's Most Successful Mid-Cap Companies 2026 About Woodward, Inc. Woodward (NASDAQ: WWD) is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. The company’s purpose is to design and deliver energy control solutions its partners count on to power a clean future. Woodward’s innovative fluid, combustion, electrical, propulsion, and motion control systems operate in some of the world’s most demanding environments. Headquartered in Fort Collins, Colorado, Woodward serves customers worldwide. Visit www.woodward.com . Cautionary Statement Information in this press release contains forward-looking statements regarding future events within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including, but not limited to, the results of our ongoing focus on growth, operational excellence, and innovation, including whether such focus ultimately leads to long-term success and enhanced shareholder value. Factors that could cause actual results and the timing of certain events to differ materially from the forward-looking statements include, but are not limited to: (1) global economic uncertainty and instability, including in the financial markets that affect Woodward, its customers, and its supply chain; (2) risks related to constraints and disruptions in the global supply chain and labor markets; (3) Woodward’s long sales cycle; (4) risks related to Woodward’s concentration of revenue among |
| 2026-02-02 |
Woodward Reports Strong First Quarter Fiscal Year 2026 Results
Raising Sales and Earnings Guidance Based on First Quarter Outperformance FORT COLLINS, Colo., Feb. 02, 2026 (GLOBE NEWSWIRE) - Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter ended December 31, 2025. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. All references to years are references to the Company’s fiscal year unless otherwise stated. First Quarter Overview First Quarter 2026 Net sales $996M, +29% Net earnings $134M, +54% Earnings per share (EPS) $2.17, +53% Net cash provided by operating activities $114M, +$80M Free cash flow1 $70M, +$69M "We delivered strong first quarter 2026 performance that exceeded our expectations,” said Chip Blankenship, Chairman and Chief Executive Officer. “Year-over-year |
| 2026-02-02 |
Woodward Increases Quarterly Dividend by 14 Percent
FORT COLLINS, Colo., Feb. 02, 2026 (GLOBE NEWSWIRE) - Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.32 per share, an increase of 14 percent from the prior quarter’s dividend of $0.28 per share. The dividend will be payable on March 5, 2026, for stockholders of record as of February 19, 2026. About Woodward, Inc. Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com . Notice Regarding Forward-Looking Statements The statements in this release contain forward-looking |
| 2026-01-20 |
Woodward Schedules Fiscal 2026 First Quarter Earnings Release and Conference Call
FORT COLLINS, Colo., Jan. 20, 2026 (GLOBE NEWSWIRE) - Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2026 first quarter financial results at approximately 4:00 p.m. ET on Monday, February 2, 2026. A news release will be issued at that time and a conference call will be held at 5:00 p.m. ET. During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com , on February 2, 2026. The call and presentation will be available on the website by selecting “Investors/Events and Presentations” from the menu and will remain accessible on the company’s website for one year. You may also listen to the live call by dialing 1 (800) 715-9871 (U.S. domestic) or 1 (646) 307-1963 (international). Participants should call prior to the start time to allow for registration; the Conference ID is 4675940. About Woodward, Inc . Woodward is the |
| 2026-01-15 |
Woodward to Wind Down China On-Highway Natural Gas Truck Business, Enhancing Strategic Focus
FORT COLLINS, Colo., Jan. 15, 2026 (GLOBE NEWSWIRE) - Woodward, Inc. (NASDAQ: WWD) today announced plans to wind down its on-highway natural gas truck business in China (China OH) as part of its strategy to sharpen the focus of its Industrial segment and optimize Woodward’s product portfolio. “Winding down the China OH business is a strategic step in aligning our Industrial portfolio with our priority end-markets and long-term growth opportunities,” said Randy Hobbs, President of Woodward’s Industrial segment. “This decision allows us to realign resources and reinforce our focus on delivering leading controls solutions to our customers across Transportation, Power Generation, and Oil & Gas markets to create long-term shareholder value. We are extremely grateful for the dedication and contributions of our team members who support our China OH business.” Woodward has long evaluated the future of its China OH business, including considering full or partial divestiture. Despite |