Woodward IncWWD
± MixedSupplyrelevance
Woodward is moving military actuation production to Spartanburg and selling Santa Clarita lines, a footprint/supply-chain shift with cited qualification and productivity risks
Impact on assets 3
Aerospace & Aviation
Woodward IncClimate Adaptation & Water
China Lesso Group Holdings Ltd2128
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Defense & Geopolitical Fragmentation
Lockheed Martin CorporationLMT
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United States▲
Woodward Selected to Supply Actuation System for Airbus Folding Wing Demonstrator
Woodward has been selected to provide the actuation system for Airbus' ground-based Folding Wing research demonstrator. The company will supply a complete wing actuation system, including a power delivery unit, a high-power hinge actuator, and several additional components, to be tested at Airbus facilities in Bremen, Germany, and Bristol, U.K. The scope also covers support for trade studies with Airbus on design elements such as hydraulic or electric power for the system. Jon Geisheimer, Vice President and General Manager of Electromechanical Systems and Electronics at Woodward, said the company's hydraulic and electromechanical capabilities give customers options as they develop the best solution for the application. Airbus' demonstrator explores technology that would let wings fold and lock during taxi to fit existing airport gate infrastructure, requiring a larger folding portion of the wing than current aircraft use.
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Aerospace & Aviation › Avionics & Aircraft Systems ▲Supply
Aerospace & Aviation › Aerostructures & Components ▲Supply
WWD · Demand · Positive Woodward selected to supply the complete wing actuation system for Airbus' Folding Wing demonstrator, a concrete order win.
AIR.PA · Technology · Neutral Airbus is running the Folding Wing research demonstrator exploring folding-wing technology, but the article centers on Woodward's supply role.
United StatesBAE Systems wins Lockheed Martin contract for F-35 electronic warfare systems
BAE Systems has received a contract from Lockheed Martin to deliver high-performance electronic warfare systems for F-35 Lightning II fighter jets. Under the contract, BAE Systems will manufacture and deliver EW systems for F-35 Lots 20-22 and provide systems to retrofit and modernize older aircraft. The AN/ASQ-239 EW system provides the F-35 with electromagnetic spectrum superiority, giving the jets instantaneous bandwidth, high-speed signal processing and advanced algorithms to detect threats and respond quickly. BAE Systems has delivered more than 1,500 EW systems for the F-35 and designs and manufactures them at its facilities in Austin, Texas and the New Hampshire cities of Manchester, Merrimack and Nashua. Amber Dolan, Vice President of F-35 Solutions at BAE Systems, said the company is laser-focused on scaling production and delivering software-based capabilities to meet the rapid pace of conflict.
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Defense & Geopolitical Fragmentation › Defense Electronics, EW & Sensors ▲Demand
Defense & Geopolitical Fragmentation › Defense Primes — United States ▲Demand
Aerospace & Aviation › Avionics & Aircraft Systems Demand
BA.LSE · Demand · Positive BAE Systems won a Lockheed Martin contract to manufacture and deliver AN/ASQ-239 EW systems for F-35 Lots 20-22 plus retrofit work
LMT · Demand · Positive Lockheed Martin awarded BAE the F-35 EW systems contract for Lots 20-22, supporting its F-35 program
United States▲
Cessna Skyhawk Veris Virtual Reality Flight Training Device Makes Show Debut at NBAA-BACE
TRU Simulation + Training Inc., a Textron Inc. company and an affiliate of Textron Aviation, announced that its Veris Virtual Reality Flight Training Device configured for the Cessna Skyhawk is making its show debut at the 2026 National Business Aviation Association Business Aviation Convention & Exhibition in Las Vegas. The debut builds on momentum from NBAA-BACE 2025, where TRU Simulation announced a purchase agreement with US Aviation Academy for five Cessna Skyhawk Veris devices, with options for additional units. Attendees can experience the device first-hand through live demonstrations at booth #3415. The dual-seat device combines immersive virtual reality with advanced Full Flight Simulator features, replicates Cessna Skyhawk instrumentation and controls, and incorporates authentic Garmin G1000 NXi avionics, allowing training with or without the virtual reality headset and from either the left or right seat. Designed to meet Federal Aviation Administration Level 7 Flight Training Device standards, the Cessna Skyhawk Veris will expand TRU Simulation's Veris product line into the fixed-wing training market upon qualification.
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Aerospace & Aviation › Avionics & Aircraft Systems ▲Technology
TRU Simulation + Training Inc. · Technology · Positive TRU Simulation debuts its Veris VR flight training device for the Cessna Skyhawk at NBAA-BACE, expanding its product line into fixed-wing training.
TXT · Technology · Positive Textron's TRU Simulation debuts the Cessna Skyhawk Veris VR flight training device, expanding its Veris product line into the fixed-wing training market.
United States▲2
FAA Clears Boeing 737 MAX Software Glitch as Not a Safety Issue
The Federal Aviation Administration has determined that a newly identified software glitch in the Boeing 737 MAX does not present a flight-safety concern, according to The Wall Street Journal. The agency convened its Corrective Action Review Board on Friday to assess whether the issue constituted an unsafe condition requiring immediate action. The FAA said the board reached its determination because pilots retain full control of the aircraft and the indications to the flight crew are clear and unambiguous, adding that it will consider appropriate action if new information emerges. The software problem had raised concerns among some aviation industry officials about potential safety implications when 737 MAX aircraft are landing under certain circumstances. Boeing shares traded 1.5% higher following the report.
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Aerospace & Aviation › Avionics & Aircraft Systems ▲Regulation
Aerospace & Aviation › Airframe OEMs ▲Regulation
BA · Regulation · Positive FAA determined the 737 MAX software glitch is not a safety issue, removing a regulatory overhang on the aircraft.
United States▲2
Parker-Hannifin Sees Aerospace Growth, Acquires Filtration Group and CIRCOR Unit
Parker-Hannifin is riding strong momentum in its Aerospace Systems segment, where organic sales jumped 13.3% year over year in the fourth quarter of fiscal 2026 and orders rose 18% year over year, with management guiding fiscal 2027 organic sales growth of 7-10%. The company's Diversified Industrial segment also grew, with fourth-quarter organic sales up 4.9% in North America and 6.5% internationally, including 15.9% growth in Asia Pacific, and fiscal 2027 organic sales are projected to rise 5-8% in North America and 4-7% internationally. In August 2026, Parker-Hannifin acquired Filtration Group Corporation, a deal expected to contribute about $1.8 billion to sales in fiscal 2027 over the first 10.5 months after closing, while its May 2026 agreement to buy CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion remains pending. Acquisitions added 1.2% to sales growth in fiscal 2026, but rising costs and debt weigh on results: cost of sales and SG&A rose 6.9% and 6.5% respectively in fiscal 2026, and management expects roughly $90 million in business realignment charges, $25 million in integration costs and $580 million in acquired intangible asset amortization in fiscal 2027, alongside long-term debt of $6.77 billion and $401 million in interest expense for fiscal 2026.
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Aerospace & Aviation › Avionics & Aircraft Systems ▲Demand
PH · Capital · Positive Parker-Hannifin acquired Filtration Group and agreed to buy CIRCOR's aerospace business, adding sales but also debt, integration costs and amortization.
PH · Demand · Positive Aerospace organic sales jumped 13.3% and orders rose 18% year over year, with fiscal 2027 organic growth guided at 7-10%.
CIRCOR International, Inc. · Capital · Neutral Parker-Hannifin's $2.55 billion agreement to buy CIRCOR's Commercial and Defense Aerospace business remains pending.
Filtration Group Corporation · Capital · Neutral Parker-Hannifin acquired Filtration Group in August 2026, expected to add about $1.8 billion to fiscal 2027 sales.
United States▼6impact 4
FAA Weighs Safety Review of Boeing 737 Max Software as Max 10 Certification Delayed
The Federal Aviation Administration could convene a safety review panel as soon as Friday to examine a software problem affecting Boeing's 737 Max family, potentially leading to additional regulatory action, Bloomberg News reported, citing people familiar with the matter. The glitch can increase pilot workload during certain aborted landing procedures by shifting the autopilot to a less automated mode for pitch control. The FAA's Corrective Action Review Board is expected to determine whether the problem constitutes a flight-safety issue and whether measures such as an airworthiness directive are necessary. Boeing notified operators about the issue in August and is working on a software update, while GE Aerospace, which supplies the affected software, said it is assisting Boeing and the FAA with the review. The smaller Max 7 was certified in August with the same software, although Southwest Airlines, United Airlines and Alaska Air Group have said their fleets don't use the faulty version; United also said it is not accepting new aircraft equipped with the affected software, while Southwest said its recent and upcoming Max 8 deliveries won't contain it. The FAA has said certification of the 737 Max 10 will remain on hold until the review is completed, adding another potential obstacle for a model already years behind schedule, and Boeing has more than 1,500 orders for the Max 10, making its entry into service important to the company's production plans and future cash generation.
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Aerospace & Aviation › Airframe OEMs ▼Regulation
Aerospace & Aviation › Avionics & Aircraft Systems ▼Regulation
BA · Regulation · Negative FAA safety review of 737 Max software and Max 10 certification hold add regulatory obstacles.
GE · Regulation · Negative GE Aerospace supplies the affected software and is assisting the FAA review.