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Woodward (WWD) Chosen by Boeing to Design Rotary Actuator

Jul 24, 2024, 10:01 AM EDT1 sourcesAI-analyzed

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Woodward to design rotary actuator for Boeing’s X-66A aircraft demonstrator. Project aligns with aviation's goal of net-zero emissions by 2050. Woodward's aerospace segment revenues expected to grow 12-14%. WWD's net sales rose 16% year-over-year to $835 million in Q2 2024. Shares gained 53% in the past year, outperforming sub-industry growth.

  • Woodward to design rotary actuator for Boeing’s X-66A aircraft demonstrator.
  • Project aligns with aviation's goal of net-zero emissions by 2050.
  • Woodward's aerospace segment revenues expected to grow 12-14%.
  • WWD's net sales rose 16% year-over-year to $835 million in Q2 2024.
  • Shares gained 53% in the past year, outperforming sub-industry growth.

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