Woodward, a U.S.-based aerospace and industrial energy control solutions company, is set to acquire Safran Electronics & Defense’s North American electromechanical actuation businesses.
The deal is expected to close by mid-2025 and includes purchasing intellectual property, operations assets, talent and long-term customer agreements for Horizontal Stabilizer Trim Actuation systems. The acquisition will enhance Woodward’s offerings for next-generation aircraft by integrating additional electromechanical products and electronic control units from the Safran Electronics & Defense unit into Woodward’s existing portfolio.
According to Woodward, HSTA represents the aviation sector’s most advanced electromechanical control technology. The system minimizes aerodynamic forces and reduces drag by controlling the aircraft’s pitch while decreasing pilot workload and fuel consumption.
Franck Saudo, CEO of Safran Electronics & Defense, expressed confidence that the electromechanical actuation unit will thrive under Woodward’s hands. “With our eyes riveted on accelerated value creation and the preparation of the next generation of aircraft, the transaction announced today is another important milestone towards the closing of the acquisition by Safran of Collins Aerospace’s actuation and flight control activities,” he said.
Woodward Chairman and CEO Charles “Chip” Blankenship highlighted that the acquisition is part of the company’s growth strategy.
“[The] acquisition is an excellent fit for Woodward’s complementary activities. It is another example of how we’re focusing our resources and capital on aerospace and Industrial product lines with the greatest potential to serve our customers well and increase long-term value for our shareholders,” he said.