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East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) announced today third quarter earnings of $36 million, or $.94 a share. Included in the third quarter earnings is a per share restructuring charge of $.11, resulting in adjusted EPS of $1.05, down slightly from last year’s $1.08 per share. Sales in the quarter of $635 million were down 7% from a year ago.
East Aurora, NY — Moog Inc. (NYSE: MOG.A and MOG.B) will release its third quarter fiscal 2015 earnings for the period ended July 4, 2015 on Friday, July 31, 2015. 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, Chairman and CEO, and Don Fishback, CFO, will host the call.
Moog Crossbow Receives EASA Approval for Airborne use of ILC2000 Cargo Monitoring and Tracking Device21 July 2015
Milpitas, California, USA (21 July 2015) – Moog Crossbow, a wholly owned subsidiary of Moog Inc. (NYSE: MOG.A and MOG.B), recently passed a technical review by the European Aviation Safety Agency (EASA) to permit airborne use of its ILC2000 real-time cargo monitoring and tracking device. The technical review was based on Part-CAT AMC-GM-Issue 2 - Amendment 1 (Annex to ED decision 2014/029/R) detailing the requirements for Cargo Tracking Devices under AMC1 to CAT.GEN.MPA.140 Portable Electronic Devices. Moog Crossbow holds a similar endorsement from the FAA.
Moog Inc. (NYSE: MOG.A and MOG.B) Space and Defense Group is celebrating the 46th Anniversary of the landing of Apollo 11 on the Moon. The Apollo 11 launch occurred on July 16, 1969 and four days later the Lunar Module Eagle landed on the surface of the Moon. Shortly before 11pm EDT, Commander Neil Armstrong stepped onto the Lunar surface becoming the first human to set foot on another celestial body. Over 600 million people around the world watched a television broadcast of the event and heard Armstrong say “That's one small step for [a] man, one giant leap for mankind.” Eleven other people would eventually set foot on the Moon, including Armstrong’s Lunar Module Pilot Edwin “Buzz” Aldrin, who described the view of the Moon as “magnificent desolation.”
EAST AURORA, NY, July 2, 2015 – Moog Inc. (NYSE: MOG.A and MOG.B), a worldwide designer, manufacturer, and integrator of precision control components and systems, today celebrates the successful first flight of the Bell 525 Relentless, designed and manufactured by Bell Helicopter, a Textron Inc. (NYSE: TXT) company. Moog Inc. is the provider of the Bell 525’s fly-by-wire flight control actuators that control the helicopter’s heading and pitch in response to pilot commands. Moog’s triplex redundant Main Swashplate and Tail-Rotor Servoactuators offer increased performance and safety over conventional actuation systems.
Wuxi XinDeBao has recently completed a successful flex coupling durability test program with a new simulation table specifically designed by Moog to handle smaller payloads of up to 100 kg. The Hydraulic Simulation Table 100 kg, (H-ST-100), is a new addition to Moog Simulation Table solutions, designed to meet XinDeBao’s specifications for the testing of automobile exhaust pipes. It is also capable of performing durability evaluations of other small vehicle components. The Moog Simulation Table is available in electric or hydraulic versions depending on the performance required.
Moog Industrial Group, a division of Moog Inc. (NYSE: MOG.A and MOG.B) was selected by Veritas AG, a global leader in the production of fluid systems, molding parts and thermo systems for the automotive industry, to supply the Moog Electric Simulation Table with Tilt. This innovative test system (patent pending) was specially designed for testing the behavior of fluid in in automotive fuel and fluid tank systems, a test application that requires large angular motions.
Moog Displays new Highly Integrated Smart Actuators in Active Compliant Robotic Leg Demo at IEEE Robotics and Automation Conference (ICRA)21 May 2015
East Aurora, NY, USA – Moog Inc. (NYSE: MOG.A and MOG.B) is the leading supplier of high performance controls, and designers throughout the world have been selecting Moog servos for mission critical applications. Moog recently launched a family of highly integrated smart actuators and is working with lead users in the autonomous market space to demonstrate the next generation of high performance control.
Moog Industrial Group, a leading provider of motion control products, solutions and services, is exhibiting at SPS IPC Drives Italy at Pavilion 2, Stand C014. This annual event for industrial automation will take place on 12-14 May, 2015 in Quartiere Fiere at Parma. This event is a kick off for Moog to celebrate 40 years of operation in Italy and 50 years of operation in Europe.
East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) today announced second quarter net earnings of $32 million and earnings per share of $.80, a 2% decrease from last year. Adjusted EPS of $.96 was up 17%. Total sales of $637 million were also down 2% from a year ago.
San Jose, California, USA – Moog Crossbow, a wholly owned subsidiary of Moog Inc. (NYSE: MOG.A and MOG.B), recently introduced the ANAV300, an Ultra-Compact MEMS Inertial Measurement Unit (IMU) and AHRS (Attitude Heading Reference System) for navigation and guidance in civil or military platforms.
Moog Inc. (NYSE: MOG.A and MOG.B) Space and Defense Group is celebrating the 25th Anniversary of the launch of the Hubble Space Telescope (HST) but the story of Hubble begins nearly 50 years ago. Hubble launched in the payload bay of the Space Shuttle Discovery on April 24, 1990 (STS-31) but was conceived of over two decades previous before man had even landed on the Moon and the Space Shuttle even existed. The Large Space Telescope (LST), as it was called initially, was originally slated for launch in 1979 but funding was cut in 1974. Astronomers lobbied for this telescope that would help unlock the mysteries of the universe. In 1978 NASA resumed funding LST with conjunction of the European Space Agency (ESA) making this a truly international effort. The new launch date was planned for 1983 but later slipped to fall of 1986. The Challenger accident in January 1986 stopped Space Shuttle launches leaving the now named Hubble Space Telescope without a launch vehicle. Finally after two years of investigation the Space Shuttles were cleared to resume flight and Hubble got its launch date 11 years after the initially scheduled date. Hubble is the only space telescope designed to be serviced by astronauts and on five different occasions repairs were performed on-orbit. These repairs and upgrades are expected to extend the life of Hubble until 2020 if not longer.
East Aurora, NY - Moog Inc. (NYSE: MOG.A and MOG.B) will release its second quarter fiscal 2015 earnings for the period ended April 4, 2015 on Friday, May 1, 2015. 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, Chairman and CEO, and Don Fishback, CFO, will host the call.