Woodward agrees to sell Santa Clarita campus, legacy aerospace product lines; deal to close in fiscal 2027
Bitget2026/09/21 21:15- Woodward agreed to sell its Santa Clarita, California, campus with legacy commercial rotorcraft, land systems, business jet product lines.
- Transaction expected to close in fiscal year 2027; proceeds or valuation not disclosed.
- Military fixed-wing, rotorcraft flight control actuation production will transfer from Santa Clarita to Spartanburg, South Carolina.
- Santa Clarita operations set to end by December 2027; about 400 roles impacted through phased transitions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Epsilon Energy CEO Jason Stabell acquires 23,104 common shares worth $136,021.66
Another $1.5 billions before IPO! Nvidia (NVDA.US) increases investment in SB Energy, reaching a total of $3 billions
Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.
BrightSpire Capital to redeem commercial real estate CLO on Oct. 19, 2026