Woodward announced the appointment of Paxton McVoy as Executive Vice President and Chief Information Officer, effective October 19, 2026. McVoy, who previously served as Senior Vice President and CIO at Veralto, will lead Woodward's global IT organization and digital strategy, including ERP, data analytics, AI, and cybersecurity initiatives.
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Boeing's ramp-up of 737 MAX production to 52-57 aircraft per month is a critical pivot point for its turnaround and will significantly benefit its aerospace supply chain partners. CEO Kelly Ortberg confirmed the supply chain is in good shape, with production delays related to Boeing's own wing manufacturing rather than supplier issues. As Boeing clears pre-built inventory and reaches higher production rates in 2027, suppliers' revenue, cash flow, and profitability are expected to improve substantially.
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