NasdaqGS:WWDAerospace & Defense
Woodward Exit From China Gas Trucks Refocuses Industrial Segment Priorities
Woodward (NasdaqGS:WWD) plans to exit its on-highway natural gas truck business in China after prolonged efforts to divest the operations.
The China natural gas truck business has not been a major financial contributor to Woodward's overall results.
The exit is intended to streamline the Industrial segment and narrow the company’s operational footprint.
For you as an investor, this move sits within Woodward’s broader role as a supplier of control systems and components for energy and...