Woodward, Inc. (NASDAQ:WWD) announced a new Elite Licensed Repair Service Facility Agreement with Lufthansa Technik on April 22 2026. The deal authorizes Lufthansa Technik to provide full repair and overhaul services for Woodward fuel controls, valves, and actuators on CFM International LEAP‑1A and LEAP‑1B engines used on Airbus A320neo and Boeing 737 MAX aircraft.
Under the agreement, Lufthansa Technik will invest in advanced tooling and test equipment to support the repair of these critical control components. The partnership is part of Woodward’s two‑tier global support network, with Lufthansa Technik designated as the first “Elite” partner, giving operators of the rapidly growing LEAP fleet an OEM‑aligned, high‑quality repair option.
The agreement is a significant customer win that deepens Woodward’s presence in the commercial aerospace aftermarket. By expanding its global support network, Woodward is expected to generate recurring revenue from repair and overhaul services and to strengthen its Tier 1 supplier status against rivals such as Honeywell and RTX.
"For our customers, this partnership agreement translates into tangible operational benefits: OEM‑supported repair capabilities, close technical alignment, and continuity provide the reliability that airlines need when operating highly efficient and complex next‑generation engines," said Berit Plewinsky, Vice President Commercial Aircraft Component Services at Lufthansa Technik.
"The partnership with Lufthansa Technik is an important step forward in our collaboration and for delivering excellent service to customers," said John DiSilvestro, Senior Vice President of Sales, Marketing, and Service at Woodward. "By joining Woodward’s ELITE network as the first independent MRO, we are deepening our collaboration and setting new standards in CFM LEAP component support."
"This agreement is about delivering more value to customers," said Jacob Roush, Vice President of Sales at Woodward. "Airlines need highly reliable solutions that keep aircraft flying efficiently and downtime to a minimum. Partnering with Lufthansa Technik at the Elite level allows us to expand access to OEM‑aligned services for Woodward fuel controls, actuators, and valves across the global CFM LEAP fleet."
Financial terms of the agreement were not disclosed, but the partnership is expected to create a new recurring revenue stream and enhance Woodward’s competitive positioning in the aftermarket for next‑generation narrow‑body engines.
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