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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	October 25, 2007
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  	Woodward Governor Company
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	0-8408
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  	36-1984010
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	1000 E. Drake Road, Fort Collins, Colorado
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  	&nbsp;
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  	80525
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	970-482-5811
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On October 25, 2007, Woodward Governor Company (the "Registrant") entered into a Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, National Association, Wachovia Bank, N.A. Wells Fargo Bank, N.A. and Deutsche bank Securities.  This amended agreement increases the initial commitment from $100,000,000 to $225,000,000 and also increases the option to expand the commitment from $75,000,000 to $125,000,000, for a total of $350,000,000.  The agreement generally bears interest at Libor plus 41 bps to 80 bps and expires in October 2012.<br><br>A copy of the Second Amended and Restated Credit Agreement and the news release announcing the amended revolver agreement is filed as Exhibits 99.1 and 99.2, respectively, to this Form 8-K, and the prior description is qualified entirely by such amended agreement, which is deemed incorporated by reference herein.
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  	Item 9.01 Financial Statements and Exhibits.
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  99.1  Second Amended and Restated Credit Agreement <br>99.2  Amended Revolver Press Release
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  <BR><BR><BR><BR><P ALIGN="LEFT" STYLE="FONT-SIZE: 10PT">The information contained herein shall not be incorporated by reference into any filing of the Registrant, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing.  The information in this report, including the exhibits hereto, shall not be deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933.<br></P><!-- PageBreak START -->
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Woodward Governor Company
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  	&nbsp;&nbsp;
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  <I>
  	October 31, 2007
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  	By:
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  <I>
  	A. Christopher Fawzy
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  	&nbsp;
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  <I>
  	Name: A. Christopher Fawzy
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  <I>
  	Title: Vice President, General Counsel and Corporate Secretary
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	99.1
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  	&nbsp;
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  Second Amended and Restated Credit Agreement
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  	99.2
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  	&nbsp;
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  Amended Revolver Press Release
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_23491.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11515}]
metadata_filer: {"company-data": {"conformed-name": "WOODWARD GOVERNOR CO", "cik": "0000108312", "assigned-sic": "3620", "irs-number": "361984010", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-08408", "film-number": "071203145"}, "business-address": {"street1": "5001 N SECOND ST", "street2": "P O BOX 7001", "city": "ROCKFORD", "state": "IL", "zip": "61125-7001", "phone": "8158777441"}, "mail-address": {"street1": "5001 N SECOND ST", "street2": "PO BOX 7001", "city": "ROCKFORD", "state": "IL", "zip": "61125-7001"}}
text: Woodward Governor Company (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  October 25, 2007
  Woodward Governor Company
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  0-8408
  36-1984010
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  1000 E. Drake Road, Fort Collins, Colorado
  80525
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  970-482-5811
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On October 25, 2007, Woodward Governor Company (the "Registrant") entered into a Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, National Association, Wachovia Bank, N.A. Wells Fargo Bank, N.A. and Deutsche bank Securities.  This amended agreement increases the initial commitment from $100,000,000 to $225,000,000 and also increases the option to expand the commitment from $75,000,000 to $125,000,000, for a total of $350,000,000.  The agreement generally bears interest at Libor plus 41 bps to 80 bps and expires in October 2012.
  A copy of the Second Amended and Restated Credit Agreement and the news release announcing the amended revolver agreement is filed as Exhibits 99.1 and 99.2, respectively, to this Form 8-K, and the prior description is qualified entirely by such amended agreement, which is deemed incorporated by reference herein.
  Item 9.01 Financial Statements and Exhibits.
  99.1  Second Amended and Restated Credit Agreement
  99.2  Amended Revolver Press Release
  The information contained herein shall not be incorporated by reference into any filing of the Registrant, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing.  The information in this report, including the exhibits hereto, shall not be deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Woodward Governor Company
  October 31, 2007
  By:
  A. Christopher Fawzy
  Name: A. Christopher Fawzy
  Title: Vice President, General Counsel and Corporate Secretary
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Second Amended and Restated Credit Agreement
  99.2
  Amended Revolver Press Release