Woodward reported that net sales for the 2010 first quarter were $339.3 million, down 2% from $344.7 million for the 2009 first quarter. Net earnings for the 2010 first quarter were $22.4 million, compared with $27.1 million in the 2009 first quarter. Foreign currency exchange rates had a favorable impact on net sales of approximately $9 million for the 2010 first quarter. Operating earnings were $39.6 million for the first quarter of 2010 compared to $44.0 million for the first quarter of 2009.

Up to 26,000 jobs secured in Spain until 2060 with latest Eurofighter contracts
A recent study by Pricewaterhouse Coopers (PWC) shows clear indications that two Eurofighter programme contracts will secure up to 26,000 jobs in Spain. The study was funded by Airbus and took six months to complete. The report focuses on the economic impact of the โHalconโ and โQuadrigaโ contracts which are relevant to Spain. The report