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Lockheed Martin hosts F-35 presentation at Woodward

Lockheed Martin hosts F-35 presentation at Woodward
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PRESS: Meggitt rises as peer Woodward considers possible takeover bid

PRESS: Meggitt rises as peer Woodward considers possible takeover bid Fri, 7th May 2021 10:38 (Alliance News) - Meggitt PLC shares rose sharply on Friday following a report that US-based aircraft parts maker Woodward Inc could be looking to buy its London-listed peer. Woodward is working with an investment bank as it mulls a potential acquisition, and Coventry, England-based Meggitt is a possible target, Reuters reported, citing an article in Dealreporter. https://www.reuters.com/article/meggitt-ma-stocks/meggitt-shares-jump-on-ma-report-idUSL1N2MU0D8 Meggitt shares were up 11% at 509.88 pence, the second best performer in the FTSE 250 on Friday. It has a GBP4 billion market capitalisation.

Woodward Inc expanding operations in Zeeland - Grand Rapids Business Journal

Grand Rapids Business Journal Courtesy Lakeshore Advantage A Colorado company is expanding its facility in Zeeland to make room for an innovative approach to aerospace manufacturing. Fort Collins, Colorado-based Woodward Inc. is converting a previous warehouse space into an industrialized space that will be dedicated to additive manufacturing, according to the Lakeshore Advantage on Wednesday. The economic development agency helped Woodward secure an industrial facilities tax exemption from the city of Zeeland for the project. Woodward did not reveal the cost of the expansion. Woodward is an independent designer, manufacturer and service provider of control system solutions and components for the aerospace and industrial markets. Its customers include original equipment manufacturers and end users. Woodward performs additive manufacturing, assembly, machining, brazing, welding and testing in the manufacturing processes for fuel nozzles and afterburners.

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