News & Events

Moog to Present at Cowen & Company Aerospace and Defense Conference on February 10, 2010

Moog Inc. (NYSE: MOG.A and MOG.B) announced today that Bob Brady, Chairman and CEO, and John Scannell, CFO, will present at the 31st Annual Cowen & Co. Aerospace and Defense Conference on Wednesday, February 10, 2010 at 2:45 p.m. ET.

Moog Reports Increased Sales, Lower Earnings

East Aurora, NY, February 1, 2010-Moog Inc. (NYSE: MOG.A and MOG.B) today announced first quarter sales of $495 million, up 11% from a year ago. Net earnings were $21.6 million and earnings per share were $.47. Earnings per share were down a third from last year’s first quarter, the quarter before the recession began to affect the Company’s results.

Moog Inc. Announces First Quarter 2010 Earnings Webcast

Moog Inc. will release its first quarter fiscal 2010 earnings for the period ended January 2, 2010 on Monday February 1, 2010.

Moog Launches New AC7036 Slip Ring

Blacksburg, VA, USA – Moog’s Components Group segment, based in Blacksburg, VA, has announced the introduction of a new compact slip ring that combines two slip ring models into one unit. The AC7036 slip ring integrates an AC6349 and AC6355. This new combination offers a wide range of circuit capabilities.

Indian Railways Selects Moog Fatigue Test System to Boost Freight Capacity

East Aurora, NY, USA – Moog Industrial Group announced today that the Research Designs & Standards Organization (RDSO) division of the Indian Railways has placed a USD 4 million order for a test rig to perform fatigue testing on freight wagons. Moog is a leader in providing high-performance testing systems to the transportation, automotive and aerospace markets.

Moog and Thompson Friction Welding Develop World’s Largest Linear Friction Welding Machine

East Aurora, NY USA – Moog and Thompson Friction Welding have developed the world’s largest linear friction welding machine. It is capable of welding a surface area of 10,000 mm² (15 in²), nearly twice as much as previously achieved, and breaks the record of weld forge load at 100 tonnes.

Moog Inc. Announces Annual Shareholder Meeting Webcast on January 13, 2010

Moog Celebrates First Flight of 787 Dreamliner

The Boeing Company completed its 787 Dreamliner maiden flight in Seattle, WA on December 15th. Moog’s flight control actuation system positioned the aircraft’s flight surfaces in response to pilot commands.

The Blade Test Center of The Suzlon Energy Group Validates New Rotor Blades Utilizing Moog’s Test Systems

East Aurora, N.Y., USA– Moog’s Industrial Group announced today that the new state-of-the-art Blade Test Center Gujarat (BTCG), owned by the Suzlon Group, the world’s third largest wind turbine manufacturer, has successfully completed tests on a new wind turbine rotor blade using a Moog test system.

ESPA Travels to the Moon

Rocket ships, lunar explosions and a moon base all sound like the work of a science fiction movie, but on October 9, 2009, NASA’s LCROSS (Lunar CRater Observation and Sensing Satellite) impacted the moon in a search for water ice, setting the stage for scientific study, future exploration and a possible lunar research station.

Moog Strengthens its Wind Energy Business Through Re-branding of Insensys Offering

East Aurora, NY, USA – Moog Inc. (NYSE: MOG.A and MOG.B) has completed the integration of the Insensys acquisition and will now market all of its offerings under the Moog brand. Insensys individual pitch control and rotor blade monitoring systems for wind turbines have been incorporated into Moog’s product portfolio on a global basis. This strengthens and extends Moog’s range of pitch control solutions for the wind energy industry. Moog completed the acquisition of Insensys in April 2009.

Moog Reports Fiscal '09 Fourth Quarter and Year-End Earnings

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today fiscal year 2009 sales of $1.849 billion, net earnings of $85 million and earnings per share of $1.98. The Company’s sales and earnings were both impacted by the global recession. Sales for the year were down 3% and earnings were down 29% compared to last year.

Moog Inc. Announces 4th Quarter and Year End Earnings Webcast

Moog Inc. (NYSE: MOG.A and MOG.B) will release its fourth quarter and year end earnings for the period ended October 3, 2009 on Thursday November 5, 2009. 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. Bob Brady, Chairman and CEO, and John Scannell, CFO, will host the call.

Moog Inc. Announces Closing of Sale of 2,675,000 Shares of Class A Common Stock

East Aurora, NY, Moog Inc. (NYSE:MOG.A and MOG.B) today announced that it has closed its public offering and sale of 2,675,000 shares of Class A common stock (which number of shares includes 175,000 shares sold to the underwriters’ pursuant to the exercise in part of their over-allotment option) at a price of $29.50 per share. Net proceeds to Moog from the offering were approximately $75 million. Moog will use the net proceeds from this offering to repay a portion of the indebtedness recently incurred under its revolving bank credit facility to acquire GE Aviation Systems’ flight control actuation business. All of the shares were offered by Moog pursuant to a prospectus supplement under Moog’s existing shelf-registration statement. Cowen and Company, LLC acted as the lead manager for the offering.

Moog Inc. Announces Pricing for Class A Common Stock Offering

East Aurora, NY, Moog Inc. (NYSE:MOG.A and MOG.B) announced today that it has priced its public offering of 2.5 million shares of Class A common stock at $29.50 per share. Moog has granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of Class A common stock to cover over-allotments, if any. Moog expects to use the net proceeds from this offering to repay a portion of the indebtedness recently incurred under its revolving bank credit facility to acquire GE Aviation Systems’ flight control actuation business located in Wolverhampton, U.K. All of the shares were offered by Moog pursuant to a prospectus supplement under Moog’s existing shelf registration statement. Cowen and Company, LLC acted as the lead manager for the offering.