Corporate Press Releases - 2013

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Results 1-15 of 18

Moog To Call 7-1/4% Senior Subordinated Notes Due in 2018

19 November 2013

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today that a notice of redemption is being issued to the holders of the Company’s 7¼% senior subordinated notes (the “Notes”) due in 2018, to call and retire all of the outstanding Notes. The Notes, which are in the aggregate principal amount of $200 million, will be repurchased at 103.625% on December 19, 2013 pursuant to an early redemption right. Interest will be paid on the Notes through the redemption date. The trustee for the Notes is Wells Fargo Bank, N.A.

Moog to Present at Gabelli Aircraft Supplier Conference on November 19, 2013

13 November 2013

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today that John Scannell, CEO, and Donald Fishback, CFO, will present at the 19th Annual Gabelli & Company Aircraft Supplier Conference on Tuesday, November 19, 2013 at 11:00 a.m. ET.

Moog Announces Fourth Quarter and Year End Results

1 November 2013

East Aurora, NY -- Moog Inc. (NYSE: MOG.A and MOG.B) announced today fiscal year 2013 sales of $2.61 billion, up 6%. Net earnings of $120 million and EPS of $2.63 were both lower than last year. Fiscal ’13 included a $.52 goodwill impairment charge in Medical Devices in the fourth quarter, $.15 of asset write-downs in the third quarter and $.20 of restructuring during the year. Exclusive of those charges, adjusted net earnings of $161 million and adjusted earnings per share of $3.50 were up 5% from a year ago.

Moog Inc. Announces Fourth Quarter and Year End 2013 Earnings Webcast on November 1, 2013

23 October 2013

Moog Inc. (NYSE: MOG.A and MOG.B) will release its fourth quarter and year end earnings for the period ended September 28, 2013 on Friday November 1, 2013. In conjunction with this release, Moog will host a conference call beginning at 10:00 a.m. ET, which will be simultaneously broadcast live over the Internet. John Scannell, CEO, and Don Fishback, CFO, will host the call.

Moog’s Third Quarter Sales Increase 10%, Adjusted EPS of $.90 up 6%

26 July 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) announced today third quarter sales of $671 million, an increase of 10% over last year’s $611 million. Net earnings of $34 million and EPS of $.75 were both lower as a result of asset write-downs totaling $.15 per share in the quarter. Excluding the effect of the write-downs, adjusted net earnings of $41 million were up 7% from last year and adjusted earnings per share of $.90 were 6% higher.

Moog Inc. Announces Third Quarter 2013 Earnings Webcast on July 26, 2013

17 July 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) will release its third quarter fiscal 2013 earnings for the period ended June 29, 2013 on Friday, July 26, 2013. In conjunction with this release, Moog will host a conference call beginning at 10:00 a.m. ET, which will be simultaneously broadcast live over the Internet. John Scannell, CEO, and Don Fishback, CFO, will host the call.

Moog Announces Sale of Ethox Medical Buffalo Operations and Hiring of Advisor to Consider Strategic Alternatives for Medical Devices Segment

1 July 2013

EAST AURORA, NY--(Marketwired - July 01, 2013) - Moog Inc. (NYSE: MOG.A) (NYSE: MOG.B) announced today that it completed the sale of its Buffalo, New York operations of Ethox Medical to Dempsey Ventures for an undisclosed sum. Annual sales from this division are approximately $12 million. Ethox Buffalo employs 88 full-time employees. There is an after-tax non-cash loss of approximately $5 million, or about $0.11 per share, generated from this sale. This loss will be reflected in the Company's third quarter results for the period ended June 29, 2013 which will be reported in late July. Dempsey Ventures, based in Grand Rapids, Michigan, is a private equity firm focused on healthcare products. Its portfolio of companies in the anesthesia/respiratory space includes SunMed, Bay Medical and Ventlab.

Moog Announces Contract Award From Boeing For Weapons Bay Actuation System On F-15 Silent Eagle

14 June 2013

East Aurora, NY, USA - Moog Inc. (NYSE: MOG.A and MOG.B) announced today that its Aircraft Group was recently awarded a contract by Boeing for the design, development and qualification of the Weapons Bay Actuation System for the F-15 Silent Eagle. The Moog system is part of the new conformal weapons bay and is used to operate multiple door surfaces and provide other actuation functions. Each system includes the main controller, electric power drives for both rotary and linear actuation, rotary mechanical drive trains (rotary geared actuators, angled gearboxes and torque tubes), and an energy management sub-system.

Moog Announces Contract Award from Embraer for Flight Control System on Second Generation of E-Jets

13 May 2013

East Aurora, NY, USA - Moog Inc. (NYSE: MOG.A and MOG.B) announced today that its Aircraft Group was selected by Embraer S.A. to supply the Primary Flight Control System for Embraer’s second-generation E-Jet family. Under the contract Moog will provide design, qualification and certification support for a three-axis integrated Primary Flight Control System including Moog proprietary flight control computers and software, flight control actuators and related control electronics.

Moog Reports 4% Increase in Earnings Per Share

26 April 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) today announced second quarter earnings of $36.5 million and earnings per share of $.80, a 4% increase over last year. Total sales of $643 million were up $18 million, or 3%, from a year ago.

Moog Inc. Announces Second Quarter 2013 Earnings Webcast on April 26, 2013

18 April 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) will release its second quarter fiscal 2013 earnings for the period ended March 30, 2013 on Friday, April 26, 2013. In conjunction with this release, Moog will host a conference call beginning at 10:00 a.m. ET, which will be simultaneously broadcast live over the Internet. John Scannell, CEO, and Don Fishback, CFO, will host the call.

Moog Acquires Aspen Motion Technologies

21 March 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it has acquired Aspen Motion Technologies (Aspen), a subsidiary of Pentair (NYSE: PNR), located in Radford, Virginia. The purchase price is approximately $34 million in cash.

Moog Announces Contract With Bell Hellicopter For Bell 525 Relentless Flight Controls

5 March 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it finalized the terms of a contract with Bell Helicopter for the design, qualification and manufacturing of the primary flight control actuation on the new Bell 525 Relentless helicopter.

Moog to Present at Cowen & Company Aerospace and Defense Conference on February 6, 2013

30 January 2013

East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) announced today that John Scannell, CEO, and Don Fishback, CFO, will present at the 34th Annual Cowen & Co. Aerospace and Defense Conference on Wednesday, February 6, 2013 at 2:00 p.m. ET.