Woodward to Build More PurePower Fuel Nozzles for New Airliners and Aftermarket

Woodward to Build More PurePower Fuel Nozzles for New Airliners and Aftermarket 
FORT COLLINS, CO -- (Marketwired) -- 01/06/14 --  Woodward, Inc.
(NASDAQ: WWD) today announced that it has entered into an agreement
with Pratt & Whitney to expand its production of advanced fuel
nozzles for the PurePower PW1000G family of Geared Turbofan(TM)
engines. Under the agreement, Woodward will supply fuel nozzles both
for installation in new PurePower engines and for use in the
aftermarket service of the engines.  
PurePower PW1000G engines will equip a variety of aircraft including
the Airbus A320neo, Bombardier CSeries and Embraer's EJets E2 family.
The first production fuel nozzles will be delivered later this year. 
"Woodward is happy to solidify a long-term relationship as part of
the PurePower engine family with our advanced fuel nozzles," says
Sagar Patel, president of Woodward's Aircraft Turbine Systems
business. "The new agreement allows Woodward to deliver reliable,
effective components to Pratt & Whitney for the life of the PurePower
program." 
The companies signed a fuel nozzle contract in 2008 for the
development and initial production run of new PurePower engines until
2021. Woodward previously has been awarded contracts to provide other
components for PurePower engines via other Pratt & Whitney
contractors. Including aftermarket service, the PurePower engine
program currently is expected to extend into the 2040s. Approximately
220 people are employed at Woodward's Zeeland, Mich., facility, where
the PurePower engine's fuel nozzles will be manufactured.  
About Woodward 
Woodward, Inc. is an independent designer, manufacturer, and service
provider of control system solutions for the aerospace and energy
markets. The company's innovative fluid, combustion, electrical, and
motion control systems help customers offer cleaner, more reliable,
and more efficient equipment. Woodward is a global company
headquartered in Fort Collins, Colorado. For more information, visit
our website at www.woodward.com, and connect with us at
www.facebook.com/woodwardinc.  
About Pratt & Whitney 
Pratt & Whitney is a world leader in the design, manufacture and
service of aircraft engines, space propulsion systems and industrial
gas turbines. United Technologies Corp., based in Hartford, Conn., is
a diversified company providing high technology products and services
to the global aerospace and building industries. 
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. Such forward-looking statements
include but are not limited to Woodward's expectations that:
including aftermarket service, the PurePower engine program currently
is expected to extend into the 2040s; the new agreement allows
Woodward to deliver reliable, effective components to Pratt & Whitney
for the life of the PurePower program; under the agreement, Woodward
will supply fuel nozzles both for installation in new PurePower
engines and for use in the aftermarket service of the engines;
PurePower PW1000G engines will equip a variety of aircraft including
the Airbus A320neo, Bombardier CSeries and Embraer's EJets E2 family;
the first production fuel nozzles will be delivered later this year;
and that Woodward is solidifying a long-term relationship as part of
the PurePower engine family with Woodward's advanced fuel nozzles.
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, 2013 and any
subsequently filed Quarterly Report on Form 10-Q. 
CONTACT: 
Karl D. Johnson 
Director, Business Communication
(970) 498-3091 
karl.johnson@woodward.com  
Woodward, Inc.
1000 East Drake Road
Fort Collins, Colorado 80525, USA 
 
 
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