Woodward Inc. stock price increased by 2% after announcing an upward adjustment in its performance guidance.

On Tuesday, Eastern Time, Woodward Inc., a provider of aerospace and industrial market control solutions, saw its stock price rise by about 2%. This came after the company announced a major partnership with Airbus for the A350 project, increased its capital expenditure plan, and raised its 2025 sales and earnings guidance. Benefiting from strong demand in the aerospace and industrial sectors, Woodward Inc. achieved record sales and profits in the third quarter. The recent acquisition of Safran Group's North American electromechanical actuation business further solidified Woodward's position in the aerospace market.