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 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.

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.

Moog Inc. Announces Offering of Class A Common Stock

East Aurora, NY, Moog Inc. (NYSE:MOG.A and MOG.B) today announced a public offering of 2.5 million newly issued shares of Class A common stock. Moog expects to use the net proceeds from the offering to repay a portion of the indebtedness recently incurred under Moog’s revolving bank credit facility to acquire GE Aviation Systems’ flight control actuation business located in Wolverhampton, U.K. All of the shares are being offered by Moog pursuant to a prospectus supplement under Moog’s effective shelf registration statement.

Moog Announces Acquisition Closing

East Aurora, NY, Moog Inc. (NYSE:MOG.A and MOG.B) announced today that it has completed the acquisition of GE Aviation Systems’ flight control actuation business for $90 million in cash, financed with funds availabile under its revolving credit facility.

Moog Announces Intention to Acquire

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it is in discussions with GE Aviation Systems, an operating unit of General Electric Company (GE), to purchase its flight control actuation product line located in Wolverhampton in the U.K. GE acquired this business as part of its acquisition of Smiths Aerospace in May of 2007.

Moog to Present at Gabelli Aircraft Supplier Conference

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today that Bob Brady, Chairman and CEO, and John Scannell, CFO, will present at the 15th Annual Gabelli & Company Aircraft Supplier Conference on Thursday, September 10, 2009 at 2:00 p.m. EDT.

Moog's Third Quarter Earnings Exceed Expectations

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today third quarter earnings of $15.9 million, and earnings per share of $.37, about half of last year’s level of $.72 per share. Sales for the quarter of $445 million were down 10% from a year ago.

Moog's Technology Moved Retractable Roof for Wimbledon's Center Court

East Aurora, NY, Moog Inc. (NYSE: MOG.A and MOG.B) announced today that its high-performance electric actuation system successfully operated the newly installed retractable roof above Wimbledon's Center Court. Wimbledon's staff closed the 1,100 metric-ton roof for the first time in competition on Monday, June 29th after rain stopped play during the second set of a match at Center Court.