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Woodward sells pilot controls unit to Ontic
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Woodward sells pilot controls unit to Ontic
Woodward has agreed to sell its pilot controls product line and associated services to Ontic Engineering and Manufacturing (Ontic). The transaction forms part of Woodward’s broader strategy to streamline its portfolio and concentrate on higher-growth areas within its aerospace operations. The divestment includes a range of pilot control products used in both commercial and defence aviation, such as throttle quadrant assemblies, rudder pedals and…
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