Woodward Announces Contract Awarded for Bombardier CSeries Aircraft Throttle Quadrant Assembly
June 16 2009 - 4:00AM
Marketwired
Woodward Governor Company (NASDAQ: WGOV) today announced that
Bombardier awarded Woodward MPC the contract to supply the TQA
(Throttle Quadrant Assembly) for the CSeries* family of aircraft.
The CSeries aircraft family includes the single-aisle,
130-passenger CS300* and 110-passenger CS100* jets. Both are
expected to enter into service in 2013.
Woodward MPC, part of the Airframe Systems business segment for
Woodward, manufactures the NGA (Next Generation Autothrottle), the
TQA for the Global Express and Global Vision Programs. This
longstanding heritage offers Bombardier lower program development
risks. The NGA for the CSeries aircraft is lighter weight, lower
cost, and has a maximum transportability across all twin-engine
platforms. The CSeries is the fourth aircraft program to select
Woodward MPC's NGA.
"Woodward MPC is excited to be a part of the team dedicated to
helping Bombardier offer its customers an aircraft that provides
low operating costs, 20 percent fuel burn advantage, outstanding
operational flexibility, widebody comfort, and an exceptional
environmental scorecard," says Craig Scott, Vice President and
General Manager, Cockpit Controls and Actuation Systems.
* CS100, CS300 and CSeries are trademarks of Bombardier Inc. or
of its subsidiaries.
About Woodward
Woodward is an independent designer, manufacturer, and service
provider of energy control and optimization solutions used in
global infrastructure equipment. We serve the aerospace, power
generation and distribution, and transportation markets. Our
systems and components optimize the performance of commercial
aircraft; military aircraft and other equipment; industrial gas,
wind and steam turbines; reciprocating engines; and electrical
power systems. The company's innovative fluid energy, combustion
control, electrical energy, and motion control systems help
customers offer cleaner, more reliable, and more cost-effective
equipment. Our customers include leading original equipment
manufacturers and end users of their products. Woodward is
headquartered in Fort Collins, Colo., USA. Visit our website at
www.woodward.com.
The statements in this release concerning the company's future
sales, earnings, business performance, prospects, and the economy
in general reflect current expectations and are forward-looking
statements that involve risks and uncertainties, including the
company's expectation that the 130-passenger CS300 and
110-passenger CS100 will enter into service in 2013, and that
Woodward MPC's heritage offers Bombardier lower program development
risks. Actual results could differ materially from projections or
any other forward-looking statement and we have no obligation to
update our forward-looking statements. Factors that could affect
performance and could cause actual results to differ materially
from projections and forward-looking statements are described in
Woodward's Annual Report and Form 10-K for the year ended September
30, 2008, and the Quarterly Report Form 10-Q for the quarters ended
December 31, 2008 and March 31, 2009.
CONTACT: Rose Briani-Burden Business Communications
815-639-6282
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