PRESS RELEASE
Issued by: Woodward Inc.
Woodward, a global leader in aerospace and industrial energy control solutions, announced today it has completed its acquisition of Safran’s Electronics & Defense electromechanical actuation business based in the United States, Mexico, and Canada. The acquisition, first announced in December 2024, includes intellectual property, operations assets, talent, and long-term customer agreements, including those for Horizontal Stabilizer Trim Actuation (HSTA) systems for aircraft stabilization to support safe and efficient flight, notably used for the Airbus A350.
The A350 HSTA, a key product within the acquired portfolio, represents one of the most advanced electromechanical control technologies in large commercial aviation. The transaction also includes other electromechanical products and electronic control units with a portfolio of commercial and business aircraft applications.
“This acquisition expands our electromechanical actuation portfolio and is an important element of our Aerospace growth strategy. We are excited to welcome our new team members,” said Chip Blankenship, Chairman and CEO of Woodward. “We continue to focus our investments on products that have potential to create the most value for our customers and shareholders. The A350 HSTA and the other added technologies fit very well into our electromechanical and electronic controls capabilities and enhance our pedigree with primary flight controls on commercial and business aircraft.”
Our teams will now work to ensure the integration process supports an efficient transition for team members and for customers.
This acquisition was made in the ordinary course of business. It is not financially material, and therefore the financial terms of the transaction are not disclosed at this time. Additional information, if any, will be disclosed in upcoming periodic reports, in compliance with applicable rules.
| Contact details from our directory: | |
| Safran Group | |
| Woodward Inc. | |
| Safran Electronics & Defense - USA | Automatic Flight Control Systems, Autopilots, Flight Management Systems, LCD Displays, Flight Recorders, Attitude and Heading Reference Systems, Moving Maps, LED Displays |
| Related aircraft programs: |
| Airbus A350 |
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