Woodward Inc - Company Profile
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Woodward Inc (Woodward) designs, manufactures, and provides control solution for aerospace, military, power, transportation, and industrial industries. The company’s major product portfolio comprises fluid energy, electrical energy, compressor, combustion control, motion control systems and other efficient equipment. The company’s products find applications in flight deck control, actuation, TRAS system, control systems, combustion systems, industrial engine, gas turbine, hydro turbine, and turbo-expanders. It also offers aftermarkets repair, maintenance, replacement, and other services for installed products. It manages plants in the US, Poland, Germany, and China. The company operates its business across the US, Europe and Asia Pacific. Woodward is headquartered in Fort Collins, Colorado, the US.
Headquarters
United States of America
Address
1081 Woodward Way, Fort Collins, Colorado, 80524
Website
www.woodward.com/home
Telephone
1 970 4825811
No of Employees
8,800
Industry
Aerospace and Defense
Ticker Symbol & Exchange
WWD (NASD)
Revenue (2022)
$2.9B
22.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
35.3%
(2022 vs 2021)
Market Cap*
$8.9B
Net Profit Margin (2023)
XYZ
10.5%
(2022 vs 2021)
* As of and is in US$
Woodward Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Actuation: | Maintenance |
| Aerospace Actuation | Aftermarkets Repair |
| Industrial Converters | Replacement |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company signed an agreement with Alliance Airlines to become the Thrust Reverser Actuation Systems contractor for the airline’s CF34-10E-powered fleet. |
| 2023 | Contracts/Agreements | In November, the company signed an eight-year agreement with Turkish Technic under which Turkish Technic will operate as a part of Woodward’s global LAMP network. |
| 2023 | Contracts/Agreements | In February, the company awarded US$10.76 million contract from Naval Surface Warfare Center for the procurement of next generation ship service gas turbine generator full authority digital control cabinets. |
Competitor Comparison
| Key Parameters | Woodward Inc | Robert Bosch GmbH | RTX Corp | General Electric Co | Caterpillar Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | United States of America | United States of America |
| City | Fort Collins | Stuttgart | Arlington | Boston | Irving |
| State/Province | Colorado | - | Virginia | Massachusetts | Texas |
| No. of Employees | 8,800 | 421,338 | 185,000 | 125,000 | 113,200 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Charles Blankenship | Chief Executive Officer; President; Chairman | Executive Board | 2022 | 56 |
| Thomas G. Cromwell | Vice Chairman; Chief Operating Officer | Executive Board | 2019 | 53 |
| William Lacey | Chief Financial Officer | Senior Management | 2023 | - |
| A. Christopher Fawzy | Chief Compliance Officer; General Counsel; Secretary; Corporate Vice President | Senior Management | 2009 | 53 |
| Paul P. Benson | Vice President - Human Resources | Senior Management | 2019 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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