NasdaqGS:WWDAerospace & Defense
How Woodward’s Pilot Controls Divestiture and Earnings Beat Could Impact Woodward (WWD) Investors
Woodward, Inc. recently agreed to sell its pilot controls product line and services to Ontic Engineering and Manufacturing, including throttle quadrants, rudder pedals, and passive side sticks produced in Niles, Illinois, with closing still subject to customary conditions and regulatory approvals.
As part of the deal, Woodward will retain a role in the value chain through a long-term supply agreement for key electromechanical components and provide transition services for up to a year after...