Moog Virtual Investor Day 2020 - Presentation - Page 3
Moog initiated a dividend program under which the Company intends to pay a regular quarterly cash dividend to shareholders of its Class A and
Class B stock. During fiscal year 2018, the Company declared a $.25 per share dividend in March and July. This marked the first time since 1988
that Moog paid cash dividends on common shares.
Moog acquired VUES s.r.o. headquartered in Brno, Czech Republic. VUES designs and manufactures customized
electric motors and generators for applications in the automation, automotive test, energy and industrial markets. Founded in 1947, the business
has a successful history of providing specialized machinery components to a diverse customer base in Europe.
Moog Inc. and Singapore Airlines Engineering Company announced the formation of a joint venture company, Moog Aircraft
Services Asia. The joint venture company will provide maintenance, repair and overhaul services for Moog manufactured flight
control systems fitted to new generation aircraft, including the Boeing 787 and Airbus A350. The new facility enhances Moog’s
service network within the Asia Pacific region and enables the delivery of efficient cost effective services as part of Moog’s Total
Support Program. Moog Inc. holds a 51% equity stake in the company.
Embraer, S.A. recognized Moog as a Supplier of the Year for new development. The award was the culmination of Moog’s efforts to design,
develop and qualify a full Fly-By-Wire flight control system for Embraer’s new E2 family of commercial jets that entered into service in 2018.
Bell Helicopter and Team Valor achieved first flight of the V-280 Valor™ tiltrotor, Bell’s prototype aircraft designed and built for the
Army’s Joint Multi-Role Technology Demonstration (JMR-TD) Program – the precursor to the Department of Defense’s Future Vertical
Lift Program. Moog is responsible for the design, manufacture and flight qualification of an integrated flight control system.
As part of the Moog Defense sector’s commitment to equipping those who defend freedom, the Company co-sponsored the U.S. Navy’s
USS Little Rock LCS-9 Commissioning held in Buffalo, NY. Moog’s actuation and stabilization technology is incorporated into the
ship’s two MK46 naval turrets, each using 30mm high velocity cannon for shipboard self-defense. Moog also provides the tactical air
navigation (TACAN) and surveillance system. The Little Rock, a Freedom Class LCS, deploys two Sikorsky SH-60 Seahawk® multimission helicopters that feature Moog integrated trim/boost servoactuator assemblies for pitch trim, roll trim and yaw boost as well as
Moog active vibration controls.
Courtesy of Derek Gee, Buffalo News
The Space and Defense Segment, in partnership with Lockheed Martin and the UK Space Agency, announced the first scheduled launch of
its Small Launch Orbital Maneuvering Vehicle (SL-OMV). The SL-OMV is a lightweight and low-cost propulsive adapter that distributes small
satellites and CubeSats and deploys multiple payloads to different orbits. The maiden voyage will launch in the early 2020s from the U.K.’s
commercial spaceport in Scotland. Moog’s Reading, U.K. site will perform final integration and testing. Lockheed Martin is the launch provider
responsible for payload integration and launch service.
Moog opened the Moog Electro-Mechanical (EM) Solutions India Pvt Ltd. factory in Bangalore, India to produce servomotors, actuators and other EM
products. The new facility specializes in the manufacturing and testing of Moog’s new large motor solutions for the global market and will provide
customers with system integration for motion control products. Moog’s presence in India began in 1991 with the opening of a technology center and
servo motor production facility in Bangalore’s Electronic City. The Moog EM Solutions factory is Moog’s fourth facility in India. Moog’s large motor
solutions are newly designed primary motion systems that include high-power servomotors, servo drives, controllers and energy management systems.