JUMPSEAT
AEROSPACE NEWS

Woodward Raises Guidance On Strong Legacy MRO Demand

Key Takeaways
  • Woodward raises full-year guidance due to strong legacy MRO demand.
  • Commercial aftermarket segment revenue jumps 36%.
  • Company sees steady increases in volume for control systems on CFM LEAP and PW1000G engines.
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Strategic Implications

Woodward's raised guidance may indicate sustained demand for legacy MRO services, which could benefit the company's aerospace segment. The expected ramp-up on current-generation platforms suggests a positive outlook for the industry, which could lead to increased sales and growth for Woodward and its competitors.

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What Happened

Component Manufacturer Sees Sustained Demand For Services

Woodward has raised its full-year guidance due to strong demand for legacy MRO services, driven by a 36% increase in commercial aftermarket segment revenue. The company’s CEO, Chip Blankenship, noted that legacy services activity remains solid, with steady increases in volume for control systems on CFM LEAP and PW1000G engines. This growth is expected to continue, with the company ramping up production and support for key current-generation product lines, according to Aviation Week.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Woodward Raises Guidance On Strong Legacy MRO Demand

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Woodward raises full-year guidance due to strong legacy MRO demand.
  • Commercial aftermarket segment revenue jumps 36%.
  • Company sees steady increases in volume for control systems on CFM LEAP and PW1000G engines.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

Woodward's raised guidance may indicate sustained demand for legacy MRO services, which could benefit the company's aerospace segment. The expected ramp-up on current-generation platforms suggests a positive outlook for the industry, which could lead to increased sales and growth for Woodward and its competitors.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Component Manufacturer Sees Sustained Demand For Services

Woodward has raised its full-year guidance due to strong demand for legacy MRO services, driven by a 36% increase in commercial aftermarket segment revenue. The company’s CEO, Chip Blankenship, noted that legacy services activity remains solid, with steady increases in volume for control systems on CFM LEAP and PW1000G engines. This growth is expected to continue, with the company ramping up production and support for key current-generation product lines, according to Aviation Week.

Source

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