Woodward Selected to Supply Actuators for NASA-Boeing X-66A Aircraft
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Woodward, Inc. (NASDAQ:WWD) has been selected to supply rotary actuators for the NASA-Boeing X-66A aircraft, a project aimed at increasing fuel efficiency and contributing to net-zero emissions by 2050. The actuators will be fitted to the aircraft's ailerons, with production starting by 2026 and test flights scheduled for 2028.
July 22, 2024 | 7:02 am
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Boeing is collaborating with Woodward and NASA on the X-66A aircraft, which aims to increase fuel efficiency and contribute to net-zero emissions by 2050. This project could enhance Boeing's leadership in sustainable aviation.
Boeing's involvement in the X-66A project aligns with its goals for sustainable aviation and could enhance its leadership in the industry. The collaboration with Woodward and NASA underscores Boeing's commitment to innovation and sustainability.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Woodward, Inc. has been selected to supply rotary actuators for the NASA-Boeing X-66A aircraft, a project that aligns with the aviation industry's goal of net-zero emissions by 2050. This partnership could enhance Woodward's reputation and revenue streams in the aerospace sector.
The selection of Woodward by Boeing for this innovative project is likely to boost the company's reputation and revenue in the aerospace sector. The long-term nature of the project, with production starting by 2026 and test flights in 2028, indicates sustained business and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100