Ontic, manufacturer of certified components for civil and military aircraft, is acquiring the pilot controls product line from Woodward, Inc.
The agreement adds to Ontic's portfolio of over 200 licensed product lines and reinforces its position as the partner of choice for aerospace OEMs looking to transfer non-core product lines. With more than five decades of experience executing product transitions, Ontic ensures the continued availability, reliability, and long-term support of the components that keep the world's fleets airborne for a lifetime of flight.
The transaction includes Woodward’s portfolio of pilot controls for commercial and defense applications, such as throttle quadrant assemblies, rudder pedals, and passive side sticks that are currently manufactured at Woodward’s facility in Niles, Illinois.
"By transferring these product lines to Ontic, Woodward can focus on advancing next-generation aviation technologies, while customers benefit from our proven expertise in long-term product support,” said Gareth Hall, Ontic Chief Executive Officer. "This agreement reflects the strength of Ontic’s model in sustaining critical aerospace parts. Pilot controls are critical to aircraft operation, and we are committed to ensuring their ongoing reliability, availability, and performance worldwide."
“This agreement with Ontic reflects our long-term strategy to optimize our portfolio and invest in our core growth areas across aerospace commercial and defense products and services,” said Shawn McLevige, President of Woodward’s Aerospace Segment. “We believe Ontic is well-positioned to support the products and serve customers moving forward.”
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