10-K FY 2022 FINAL MOOG Inc - Flipbook - Page 30
Table of Contents
The effective tax rate in 2022 increased modestly compared to the tax rate in 2021. The effective tax rate in 2022
included the benefit of favorable adjustments for tax credits associated with last year's tax return. The effective tax
rate in 2021 included charges associated with the revaluation of deferred tax liabilities in the U.K., mostly offset by
adjustments to the previous year's provision in the U.S.
The twelve-month backlog at October 1, 2022 increased as compared with the twelve-month backlog at October 2,
2021. The twelve-month backlog increased in Industrial Systems due to recovering demand for our flight simulation
products and from orders for our new construction products. Also, backlog increased within Space and Defense
Controls driven by our RIwP turret program. Backlog was unchanged within Aircraft Controls, as higher commercial
OEM and aftermarket orders were offset by declines across various military programs.
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