Satnews Daily
December 19th, 2011

Moog + Bradford Engineering... Acquiring Minds Wish To Know...


[SatNews] Moog Inc. (NYSE: MOG.A and MOG.B) has acquired Bradford Engineering B.V.

The purchase price is approximately 10 million euros in cash. Bradford, founded in 1983, is a European developer and manufacturer of satellite equipment including satellite attitude and orbit control subsystems, propulsion and thermal subsystems and components. Sales for Bradford are expected to be approximately 8 million euros for the balance of Moog’s 2012 fiscal year. This acquisition is expected to be neutral to Moog’s earnings per share for the year ending September 29, 2012 after consideration of first year purchase accounting adjustments. Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog’s high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, wind energy, marine and medical equipment.