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Moog’s family of programmable single- and multi-axis modular servo drives has been extended to include optional safety functions compliant with the EN 61800-5-2 safety standard.
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.
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.
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 Opens New Facility for the Design and Manufacturing of Ball Screws and Roller Screws in Linear System Technology28 October 2013
Moog Industrial Group that specializes in motion control solutions for industrial machinery, today opens its new facility in Bergamo, Italy for the design and manufacturing of ball screws and roller screws, used in linear systems for industrial machinery.
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.
Beijing, China – Moog, a leader in providing blade pitch control, slip ring and rotor monitoring solutions for the wind energy industry, today announced the launch of its new AC Moog Wind Turbine Pitch System in China. Adopting a compact modular architecture, the new system has distinct advantages in safety, reliability and an overall reduction in the cost of energy, in addition to a remote terminal usability feature as well.
HelpMeSee Celebrates World Sight Day by Successfully Testing Leading Edge Virtual Cataract Eye Surgery Simulator10 October 2013
In recognition of World Sight Day, HelpMeSee – global campaign to eliminate cataract blindness – and Moog – a worldwide designer, manufacturer and integrator of precision control components and systems – have achieved a significant milestone in eye surgery simulation by successfully demonstrating the capabilities of the world’s first MSICS (Manual Small Incision Cataract Surgery) virtual reality surgical training simulator.
Moog Industrial Group has supplied a motion control system and engineering services to James Fisher Nuclear Ltd (JFN) for the ModuMan 100 Manipulator Arm which will be used for nuclear decommissioning.
Moog Industrial Group, a leader in providing high-performance test and simulation systems, has delivered a Turret Test System to Lockheed Martin at their facility at Ampthill in the UK. Lockheed Martin plans to test turrets for stabilization and performance on the improved Warrior, as part of the Warrior Capability Sustainment Program and Scout Infantry Fighting Vehicles; General Dynamics UK is the Prime Contractor for the latter. The product developments include fitting and integrating the 40 mm Cased Telescoped Gun in a new modernized turret. This requires optimization of gun aiming and stability performance during maneuvers for representing a typical battlefield mission.
Moog Announces Sale of Ethox Medical Buffalo Operations and Hiring of Advisor to Consider Strategic Alternatives for Medical Devices Segment1 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.
The Industrial Group of Moog Inc. delivered an innovative fuel tank test system to the Fiat Group Automobiles (FGA). The system is designed to perform dynamic functional tests on automotive fuel tanks, with the ability to simulate real-world road conditions. The behavior of the liquid fuel and components of the fuel tank system can be tested and evaluated. The test results will allow FGA to optimize the desired configurations and verify the design of specific fuel tank systems.
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 Industrial Group will be presenting its technological innovations in industrial automation at SPS IPC Drives Italia, scheduled from 21 to 23 May at the Fiere di Parma Exhibition Centre, Hall 2 – Stand C002.
Moog Showcases Electric and Hydraulic Simulation Tables at the Automotive Testing Expo Europe 2013, Stuttgart16 May 2013
Moog Industrial Group will showcase its comprehensive range of test systems, including the Electric and Hydraulic Simulation Table at the Automotive Testing Expo Europe in Stuttgart, June 4-6 2013.