Woodward

Woodward Announces Exclusive Thrust Reverser Actuation (TRAS) Systems Repair Agreement with Alliance Airlines

Retrieved on: 
Monday, March 25, 2024

FORT COLLINS, Colo., March 25, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD), a global leader in energy control solutions for aerospace and industrial applications, today announced an agreement with Australian-based Alliance Airlines to become the exclusive Thrust Reverser Actuation Systems (TRAS) repair, maintenance and overhaul contractor for the airline’s CF34-10E-powered fleet.

Key Points: 
  • FORT COLLINS, Colo., March 25, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD), a global leader in energy control solutions for aerospace and industrial applications, today announced an agreement with Australian-based Alliance Airlines to become the exclusive Thrust Reverser Actuation Systems (TRAS) repair, maintenance and overhaul contractor for the airline’s CF34-10E-powered fleet.
  • Thrust Reverser Actuation Systems power and control the deployment of aircraft thrust reversers, which ensure optimal aircraft performance by minimizing runway stopping distances.
  • Woodward will be the exclusive TRAS repair contractor for the entire maintenance, repair, and overhaul (MRO) volume for the Alliance fleet of 30-plus aircraft.
  • I am confident that our collaboration will be a cornerstone for success and growth for both Alliance Airlines and Woodward."

Monster Energy Athletes Claim Victories in Key Events at the 2024 Dew Tour Copper Mountain Snow Sports Competition

Retrieved on: 
Tuesday, March 12, 2024

COPPER MOUNTAIN, Colo., March 11, 2024 /PRNewswire-PRWeb/ -- So many wins at Copper! Monster Energy congratulates its team of freeski and snowboard athletes on a strong performance in the 2024 Winter Dew Tour Copper Mountain competition in Colorado.

Key Points: 
  • Monster Energy congratulates its team of freeski and snowboard athletes on a strong performance in the 2024 Winter Dew Tour Copper Mountain competition in Colorado this weekend.
  • Monster Energy congratulates its team of freeski and snowboard athletes on a strong performance in the 2024 Winter Dew Tour Copper Mountain competition in Colorado.
  • Before coming to Dew Tour Copper 2024, Brookes clinched X Games Aspen 2024 Slopestyle gold and earned the 2023 FIS World Championships Freeski Slopestyle title.
  • Follow Monster Energy on YouTube , Facebook , Instagram , Twitter and TikTok for exclusive updates as the 2024 snow sports season continues.

Respected Industry Executive Wade Martin Named CEO of Harris and Blitzer's Youth Baseball Portfolio

Retrieved on: 
Thursday, February 15, 2024

BALTIMORE, Feb. 15, 2024 /PRNewswire/ -- Wade Martin, an accomplished executive in the sports and lifestyle industries, has been named CEO of Josh Harris and David Blitzer's youth baseball portfolio, which includes iconic brands such as Ripken Baseball®, Cooperstown All Star Village, Baseball Factory™, and Softball Factory™. Martin will drive growth and expansion for the company's world-class youth sports facilities, youth tournament experiences, and player development platforms.

Key Points: 
  • Martin to Drive Growth and Expansion for Youth Baseball Properties, Including Ripken Baseball®, Cooperstown All Star Village, and Baseball Factory™
    BALTIMORE, Feb. 15, 2024 /PRNewswire/ -- Wade Martin, an accomplished executive in the sports and lifestyle industries, has been named CEO of Josh Harris and David Blitzer's youth baseball portfolio, which includes iconic brands such as Ripken Baseball®, Cooperstown All Star Village, Baseball Factory™, and Softball Factory™.
  • Martin will drive growth and expansion for the company's world-class youth sports facilities, youth tournament experiences, and player development platforms.
  • Throughout 2023, they acquired Sports Force Parks™ at Cedar Point Sports Center in Ohio, and Baseball Factory™ and Softball Factory™.
  • By investing in youth baseball and softball, Harris and Blitzer aim to use the power of sports to inspire, educate, and uplift future generations.

Woodward Named to Forbes List of America’s Most Successful Mid-Cap Companies

Retrieved on: 
Tuesday, February 6, 2024

FORT COLLINS, Colo., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for aerospace and industrial, announced that the company has been named to the Forbes’ list of America’s Most Successful Mid-Cap Companies 2024 1.

Key Points: 
  • FORT COLLINS, Colo., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for aerospace and industrial, announced that the company has been named to the Forbes’ list of America’s Most Successful Mid-Cap Companies 2024 1.
  • The list is based on Forbes’ assessment of earnings growth, sales growth, return on equity, and total stock return for the last five years, with more weight given to the latest year’s data.
  • Forbes used data from FactSet to find the best performers and compile its annual list of America’s Most Successful Mid-Cap Companies.
  • The process included screening more than 3,000 companies with a market value between $2 billion and $10 billion.

Woodward Reports First Quarter Fiscal Year 2024 Results

Retrieved on: 
Monday, January 29, 2024

FORT COLLINS, Colo., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter of fiscal year 2024.

Key Points: 
  • FORT COLLINS, Colo., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter of fiscal year 2024.
  • Net sales for the first quarter of fiscal 2024 were $787 million, compared to $619 million, an increase of 27 percent.
  • Net cash provided by operating activities was $47 million for the first quarter of fiscal year 2024, compared to $5 million.
  • During the first quarter of fiscal 2024, $13 million was returned to stockholders in the form of dividends.

Woodward Increases Quarterly Dividend by 14 Percent and Authorizes $600 million Stock Repurchase Program

Retrieved on: 
Thursday, January 25, 2024

FORT COLLINS, Colo., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today announced that its Board of Directors approved a dividend of $0.25 per share, an increase of approximately 14 percent from the prior quarter’s dividend of $0.22 per share.

Key Points: 
  • FORT COLLINS, Colo., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today announced that its Board of Directors approved a dividend of $0.25 per share, an increase of approximately 14 percent from the prior quarter’s dividend of $0.22 per share.
  • The dividend will be payable on March 5, 2024, for stockholders of record as of February 20, 2024.
  • Woodward also announced that its Board of Directors authorized a three-year stock repurchase program, under which up to $600 million in Woodward stock may be repurchased in the open market and private transactions.
  • This new program replaces the previously authorized two-year $800 million repurchase program, which was initially authorized in January 2022, and under which the company repurchased approximately $572 million in stock.

Woodward Schedules Fiscal 2024 First Quarter Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 16, 2024

FORT COLLINS, Colo., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2024 first quarter financial results at approximately 4:00 p.m.

Key Points: 
  • FORT COLLINS, Colo., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2024 first quarter financial results at approximately 4:00 p.m.
  • A news release will be issued at that time and a conference call will be held at 4:30 p.m.
  • You are invited to listen to the call live via the company’s website, www.woodward.com , on January 29, 2024.
  • The telephone number to access the replay is 1 (800) 770-2030 (domestic) or 1 (647) 362-9199 (international); reference Conference ID 4278216.

Woodward Publishes 2023 Annual Report

Retrieved on: 
Thursday, December 21, 2023

FORT COLLINS, Colo., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) has published its 2023 Annual Report.

Key Points: 
  • FORT COLLINS, Colo., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) has published its 2023 Annual Report.
  • The report highlights how Woodward built greater resilience and agility in 2023, delivered strong performance in challenging environments, and continued to lead the way on energy control solutions for aerospace and industrial customers.
  • It contains Woodward’s full Annual Report and Form 10-K for the year ended September 30, 2023.
  • To see the report, visit Woodward’s investor web page at ir.woodward.com.

AAR adds Woodward, Inc. (66503) distribution support under Supplier Capability Contract with DLA Aviation

Retrieved on: 
Monday, December 11, 2023

Wood Dale, Illinois, Dec. 11, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has added distribution support of select Woodward, Inc. (Woodward) parts under its Supplier Capability Contract with DLA Aviation.

Key Points: 
  • Wood Dale, Illinois, Dec. 11, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has added distribution support of select Woodward, Inc. (Woodward) parts under its Supplier Capability Contract with DLA Aviation.
  • AAR will provide comprehensive and integrated supply chain management support and perform associated supply chain management functions to maximize the availability of parts to DLA.
  • In 2022, AAR was the first non-OEM to be awarded the 20-year base Supplier Capabilities Contract with the Defense Logistics Agency (DLA), establishing a strategic relationship to provide total global supply chain support to the DOD and to U.S. allies.
  • “AAR is proud to grow our strategic partnership with the DLA under our Supplier Capabilities Contract,” said Frank Landrio, AAR’s SVP of Distribution.

Woodward to Hold 2023 Investor Day

Retrieved on: 
Wednesday, November 29, 2023

FORT COLLINS, Colo., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), will host its 2023 Investor Day on Thursday, December 7, 2023.

Key Points: 
  • FORT COLLINS, Colo., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD), will host its 2023 Investor Day on Thursday, December 7, 2023.
  • ET.
  • A live webcast will be accessible at 2023 Woodward Investor Day Registration .
  • ET on Monday December 11, 2023, through at least January 29, 2024.