Woodward signs agreement to acquire Safran's electromechanical actuation business in North America

Woodward announced it has signed a definitive agreement to acquire Safran Electronics & Defense's electromechanical actuation business based in the United States, Mexico and Canada. The acquisition includes intellectual property, operations assets, talent, and long-term customer agreements for Horizontal Stabilizer Trim Actuation systems.

“The acquisition of Safran’s electromechanical actuation business aligns perfectly to Woodward’s growth and innovation value drivers.”safran-group.com

• 1 source
• safran-group.comWoodward Signs Agreement to Acquire Safran’s Electromechanical Actuation Business based in North America | SafranDec 20, 2024

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