
	September 30, 2024		Additions		Reduction from Divestiture			Effects of Foreign Currency Translation			September 30, 2025
Aerospace	$	455,423	$	18,389	$	—		$	(33	)	$	473,779
Industrial		351,220		—		(5,772	)		13,061			358,509
Consolidated	$	806,643	$	18,389	$	(5,772	)	$	13,028		$	832,288

	September 30, 2023		Additions		Reduction from Divestiture			Effects of Foreign Currency Translation			September 30, 2024
Aerospace	$	455,423	$	—	$	—		$	—		$	455,423
Industrial		336,045		—		—			15,175			351,220
Consolidated	$	791,468	$	—	$	—		$	15,175		$	806,643

On July 21, 2025, Woodward completed the Safran Acquisition (see Note 10, Acquisitions and Divestitures) which resulted in the recognition of $18,389 in goodwill in the Company's Aerospace segment.

On March 3, 2025, the sale of the Industrial heavy-duty gas turbine combustion parts product line located in Greenville, South Carolina was completed (see Note 10, Acquisitions and Divestitures), which resulted in the removal of $5,772 of goodwill in the Company's Industrial segment.

Woodward tests goodwill for impairment at the reporting unit level on an annual basis or at any time there is an

indication goodwill may be impaired, commonly referred to as triggering events. Woodward completed its annual goodwill impairment test as of July 31, 2025 during the quarter ended September 30, 2025. The results of Woodward’s annual goodwill impairment test performed as of July 31, 2025 did not indicate impairment of any of Woodward’s reporting units.