Woodward is an independent designer, manufacturer and service provider of energy control and optimization solutions for aerospace and industrial markets. For 150 years, Woodward has focused its resources and expertise on delivering proven systems that perform under incredible demands. Our customers have come to rely on us to help them address and solve the challenges associated with global efficiency initiatives – from reducing emissions, to increasing energy efficiency, to helping them introduce alternative energy sources.
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- Business Type:
- Industry Type:
- Energy Monitoring and Testing
- Market Focus:
- Globally (various continents)
- Year Founded:
This company also provides solutions for other industrial applications.
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Woodward, Inc. was founded in 1870 in Loves Park, IL as the Woodward Governor Company after Amos Woodward invented and patented a better, faster, more efficient water wheel governor. Thirty years later, the company expanded when his son, Elmer, patented the first successful mechanical compensating governor for hydraulic turbines. In 1933, Woodward became more diversified by expanding its product line to include diesel engine controls. The company entered the Aerospace market in 1933 when Elmer Woodward invented the first successful variable-pitch aircraft propeller.
Woodward governors followed the rapid advancement of diesel engine applications for railroads, maritime and electrical generation in many fields. The advent of gas turbine engines for aircraft and industrial uses offered more opportunities for Woodward’s fuel control systems. Today, almost all aircraft use Woodward products.
For the aerospace market, Woodward provide systems, components and solutions for both commercial and military applications. Our key focus areas are propulsion system control solutions for turbine powered aircraft, actuation systems and motion control solutions.
For industrial markets, Woodward provides control solutions for equipment that produces electricity using conventional or renewable energy sources, solutions for the control of power quality, distribution and storage on the electrical grid, as well as control solutions for power equipment used in the extraction, distribution, and conversion of renewable and fossil fuels in marine, locomotive, and industrial equipment applications.
Woodward has conducted business with a Tradition of Integrity since 1870. This tradition touches every aspect of Woodward—our products, our people, our communities and all our other stakeholders. Our Tradition of Integrity is based on the Woodward Constitution, which expresses the values and principles that guide Woodward in everything we do. The Woodward Code of Business Conduct and Ethics is an extension of the Woodward Constitution, and sets forth the expectations we have for everyone at Woodward—our directors, officers, other leaders and members. It is a written expression of our continuous commitment to our values and principles, and to the Tradition of Integrity that has been central to Woodward’s culture since the company’s founding in 1870.
Our 2020 Sustainability Report reflects Woodward’s continuous commitment to sustainability and corporate responsibility, and generally covers initiatives undertaken and progress made for fiscal years 2018 – 2020. In preparing this report, Woodward referenced various global reporting standards to provide the most relevant sustainability information. Woodward’s commitment to sustainability and corporate responsibility is ingrained in our core principle – integrity.