Woodward, Safran Ink Deal for Electromechanical Assets

Energy control solutions manufacturer Woodward has entered into an agreement with Safran Electronics & Defense to acquire its electromechanical actuation business, including operations in the U.S., Mexico, and Canada. The transaction is subject to customary terms and regulatory approval, with closing expected by mid-2025. Financial details of the acquisition were not disclosed.

The acquisition will add products to Woodward’s portfolio, including horizontal stabilizer trim actuation (HSTA) systems, which are integral to aircraft stabilization and used in models such as the Airbus A350. According to the companies, the HSTA systems represent some of the most advanced electromechanical control technology in aviation, and the acquisition will also include other electromechanical products and electronic control units for commercial airliners and business aircraft. 

“The acquisition of Safran’s electromechanical actuation business aligns perfectly to Woodward’s growth and innovation value drivers,” said Woodward chairman and CEO Chip Blankenship. "Overall, this acquisition is an excellent fit for Woodward’s complementary activities.”

“We are confident that this important business will continue to thrive under Woodward’s leadership and commitment to innovation,” said Safran Electronics & Defense CEO Franck Saudo. “We look forward to supporting a smooth and efficient transition for our customers.”

This acquisition is part of Woodward’s strategy to grow its aerospace and industrial product lines. It adds significant value to the company’s aerospace offerings, which are expected to support future growth and technological advancements, Blankenship added.