Woodward

#1940

Rank

$7.26B

MarketCap US

US United States

Country

Summary
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates through two segments: Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. These products are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. These products are used on industrial gas turbines, steam turbines, compressors, and reciprocating engines. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.

History

Woodward was founded by Amos Woodward in 1870 in City of Fort, Indiana, as a manufacturer of steam engines and related components. Today, it has grown to a global product and service provider of energy, aerospace and industrial control products with more than 8,500 employees in 14 countries, 48 manufacturing plants and 13 service centers throughout the world.


Mission
Woodward enhances global quality of life, creating innovative energy control solutions that optimize the performance, efficiency and emissions of our Customers’ products.

Vision
Our philosophy is to serve our stakeholders well, while striving to balance differences in their goals and objectives. All interactions with our stakeholders are conducted ethically and with integrity.

Key Team

Mr. A. Christopher Fawzy (Corp. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer)

Donald J. Guzzardo (VP of Investor Relations & Treasurer)

Mr. Paul P. Benson (Corp. VP of HR)

Mr. Terence J. Voskuil (Pres of the Aerospace Segment)

Mr. Randall L. Hobbs (Pres of the Industrial Segment)


Recognition and Awards
Woodward has received several awards for its performance, including the 2015 Boeing Performance Excellence Award and the 2016 General Electric Supplier Excellence Award.

References
Woodward
Leadership team

Mr. Charles P. Blankenship Jr. (CEO, Pres & Chairman)

Mr. Mark D. Hartman (Chief Financial Officer)

Mr. Thomas G. Cromwell (Vice Chairman & COO)

Products/ Services
Aerospace, Air Transportation, Energy, Energy Management, Industrial, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Fort Collins, Colorado, United States
Established
1870
Company Registration
SEC CIK number: 0000108312
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
WWD
Social Media
Sat Feb 24 2024
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