BREAKING: Market Rallies Into Holiday On Tuesday, Woodward (WWD) stock jumped almost 13%. Woodward is a major supplier of aerospace parts. Prior to Tuesday's run-up, Woodward stock had been in the 5% buy range for five weeks. The stock broke out on Oct. 23 at a 261.56 price, MarketSurge charts show. Tuesday's action left the stock extended, and up more than 76% since the start of… Related news Boeing Pentagon Contracts Nudge Stock Up After Long Slide Take a Trial Today Get instant access to exclusive stock ...

Core Viewpoint - KKR has agreed to sell Novaria Group, a manufacturer in the aerospace and defense sector, to Arcline Investment Management for a total of $2.2 billion [1] Group 1: Transaction Details - The sale price for Novaria Group is set at $2.2 billion, indicating a significant valuation for the aerospace and defense hardware maker [1] - The buyer, Arcline Investment Management, is noted for its focus on industrials, suggesting a strategic alignment with Novaria's operations [1] Group 2: Market Implications - This transaction reflects ongoing consolidation trends within the aerospace and defense industry, as private equity firms seek to capitalize on growth opportunities in this sector [1] - The deal may enhance Arcline's portfolio by adding a key player in the aerospace and defense hardware market, potentially leading to increased market competitiveness [1]