Moog - Windzulieferer (u.a.) - 500 Beiträge pro Seite

[meinolf67]

30.01.2009 22:12
Moog Acquires Wind Energy Firm

EAST AURORA, N.Y., Jan. 30 /PRNewswire-FirstCall/ -- Moog Inc. (News) announced today that it has acquired 70% of the stock of Insensys Ltd. For 11 million pounds Sterling in cash. As part of the transaction, Moog has an option to purchase the remaining 30% within one year. Insensys is a leading supplier of pitch control and rotor blade monitoring systems for wind turbines. Insensys had 2008 revenues of 5.2 million pounds.

Pitch control systems adjust the angle of blades to control load and improve the efficiency of the turbine. Precise monitoring extends the turbine's life, improves safety and reduces maintenance costs.

"The acquisition of Insensys strengthens our technology product portfolio, domain expertise and relationships with customers in the alternative energy sector," said Steve Huckvale, President of Moog's International Group. "The use of real-time data improves turbine performance and lowers a wind turbine's total cost of ownership. Fiber optic sensing systems from Insensys add advanced measurement capabilities and data intelligence that will be a differentiator for turbine manufacturers, blade manufacturers and wind park operators."

Sales for Insensys will be approximately 7 million pounds for the balance of Moog's 2009 fiscal year. This acquisition is expected to be neutral to Moog's earnings per share for the year ending October 3, 2009 due to 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, marine and medical equipment. Additional information can be found at http://www.moog.com/.

[meinolf67]

Moog buys surveillance systems products supplier Videolarm for $45 million in cash


EAST AURORA, N.Y. (AP) -- Moog Inc., which supplies precision control systems, said Friday it has acquired Videolarm Inc., a supplier of products for surveillance systems, for $45 million in cash.


The acquisition of Decatur, Ga.-based Videolarm, which recorded 2008 revenue of $19.5 million, will help Moog expand its capabilities in the security business.

Videolarm is expected to add $15 million to Moog's sales for the balance of fiscal year 2009. Moog said it expects the acquisition will not have a significant impact on previously forecasted fiscal year 2009 earnings per share.

Moog's Class A shares fell 21 cents to close at $30.68.

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Moog Industrial
Servomotor steuert Hydraulikventil



08.05.2009 | Redakteur/Autor: Josef-Martin Kraus


Antriebsspezialist Moog Industrial bringt Dynamik in die Entwicklung hydraulischer Ventile, indem er die Reaktionsfähigkeit von Servoventilen erhöht und so der Weiterentwicklung der Proportionalventiltechnik neuen Schub verleiht.


Moog-Industrial-Manager Sherif El-Henaoui: „Die Kombination aus Volumenstrom, Druck und Frequenz übertrifft das bisher Machbare.“

Das Ergebnis ist eine elektromotorisch direkt betätigte Vorsteuerung. Dadurch wird das Ansprechverhalten damit ausgerüsteter Ventile unabhängig vom Betriebs- oder Steuerdruck, was sich laut Moog-Marketingleiter Sherif El-Henaoui in einer erhöhten Reproduzierbarkeit von Regelparametern niederschlägt. Dieses Dynamikverhalten drückt sich zum Beispiel in einer Stellzeit von 2,5 ms sowie in einer Phasenverschiebung von 45° bei 150 Hz Schaltfrequenz und ±90% Amplitude aus. Dabei kann der maximale Volumenstrom der Servoventile bis zu 600 l/min betragen.

Das auf Basis eines elektrischen Servomotors entwickelte Antriebskonzept wurde erstmals auf der diesjährigen Hannover-Messe vorgestellt. Anstoß für diese Entwicklung gab eine Anforderung aus der Metallindustrie. Dort werden auch die Hauptanwendungen von Ventilen mit besonders dynamisch geregelten Druck- und Beschleunigungsprofilen gesehen: insbesondere in Prüfständen, Druckgießmaschinen und Anlagen zur Stahlerzeugung.

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01.06.2009 22:28
Moog Completes Investment In Wind Energy Business

EAST AURORA, N.Y., June 1 /PRNewswire-FirstCall/ -- Moog Inc. announced today that it has acquired the remaining 60% ownership of the wind energy business of LTi REEnergy GmbH in Unna, Germany and Shangahi, China. The consideration was euro 12 million in cash paid and the issuance of a euro 9.5 million note payable in February 2010. The company produces electric servo controllers and complete drive systems that position rotor blades on wind turbines. Sales for the past twelve months were euro 95 million.

"Our aim is to bring Moog's motion control experience to bear on the challenges facing today's wind turbine makers and buyers," said Steve Huckvale, President of Moog's Industrial Systems Group. "Our strategy is to advance the design of the wind industry's motion controls by creating new, high-performance solutions ranging from pitch control to rotor monitoring."

Projected sales for these products for the last four months of fiscal 2009 of $60 million were included in previously forecasted fiscal year 2009 guidance. The acquisition will be reported as part of the Industrial Systems segment.

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, marine and medical equipment. Additional information about the company can be found at http://www.moog.com/.

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07.07.2009 17:37
Moog's Technology Moved Retractable Roof for Wimbledon's Center Court

EAST AURORA, N.Y., July 7 /PRNewswire-FirstCall/ -- Moog Inc. 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.

"This was a unique challenge that brought together engineers from our facilities in the United Kingdom, Germany, Italy, Ireland and the United States to design a motion control solution that is highly efficient and reliable," said Steve Huckvale, President of Moog's Industrial Systems Segment. "By drawing on our 25 years of experience designing electric actuation solutions for motion control, we put in place the engineering that creates an all-weather field of play for the Wimbledon Championships."

The Wimbledon Retractable Roof consists of two sections which deploy 56,000 square feet of fabric above Centre Court. Moog's technology moves the two sections of roof along two sets of parallel rails over a span of 250 feet in less than 10 minutes.

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, marine and medical equipment. Additional information about the company can be found at http://www.moog.com/.

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Friday, July 24, 2009, 9:27am EDT
Earnings sliced in half at Moog
Business First of Buffalo


Net earnings for Moog Inc. dropped nearly 50 percent during the third quarter, according to the financial report the company filed Friday morning.

The East Aurora manufacturer of precision-control components and systems reported net earnings of $15.9 million in the three months ending June 27, 2009. That was down 48.9 percent from $31.1 million in the same quarter a year ago.

Earnings per share fell from 72 cents a year ago to 37 cents in the most recent quarter.

Sales dropped 10.4 percent during the same period, from $496.6 million in last year's third quarter to $445.2 million this year.

"Last year at this time our company had not been affected by the global recession," said Robert Brady, Moog's chairman/CEO, in a prepared statement. "This year, the recession has found some parts of our company. We've had to adjust our expectations, and this quarter's results are slightly ahead of that adjusted plan. In the quarter, a heavy restructuring expense was offset by an unusually low tax rate. We've completed our forecast for 2010, which suggests that we will have a recovery even if the economy doesn't."

Moog's aircraft-related sales fell 8 percent in the third quarter, compared to a year ago, but space and defense-related sales were up 2 percent. Sales for Moog's medical devices segment were down 6 percent.

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04.09.2009 14:07
Moog Announces Intention To Acquire

EAST AURORA, N.Y., Sept. 4 /PRNewswire-FirstCall/ -- Moog Inc. 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.

The Wolverhampton operation designs and manufactures primary and secondary flight control actuation for a number of commercial and military programs. It supplies high-lift actuation systems for the Boeing 777 and 787 and the Airbus A330 and A380. Wolverhampton also provides primary flight controls for the European fighter, Typhoon, and a main engine lift system for the Rolls-Royce engine on the STOVL version of the U.S. Joint Strike Fighter. The Wolverhampton product line would be complementary to Moog's Aircraft Controls Segment. Wolverhampton sales for the calendar year 2008 were approximately $100 million. Moog's Aircraft Segment is projecting fiscal 2009 sales of $652 million. Moog's total sales for fiscal 2009 are projected at just over $1.8 billion.

Moog and GE have initiated the applicable regulatory filings and expect to sign a definitive purchase agreement very shortly. The transaction is subject to receipt of applicable regulatory approvals and customary closing conditions. Moog has sufficient cash on hand and availability under its revolving credit facility to finance the acquisition.

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. Additional information about the company can be found at http://www.moog.com/.

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Moog gets $6.2M Pentagon pact
Moog gets $6.2 million Pentagon pact to supply parts for V-22 Osprey helicopter


WASHINGTON (AP) -- Moog Inc. recently received a $6.2 million contract from the Defense Logistics Agency for parts to support the V-22 Osprey helicopter, the Pentagon said late Thursday.

The Osprey, a tiltrotor vertical, short takeoff and landing aircraft, is jointly built by Boeing Co. and Textron Inc.'s Bell unit. Boeing is responsible for the fuselage and all subsystems, digital avionics and flight-control systems, while Bell is responsible for the wing, transmissions, rotor systems and engine installation.

Shares of the East Aurora, N.Y.-based company fell 21 cents to $32.19 in morning trading Friday

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Moog Reports Increased Sales, Lower Earnings
1 February 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.

Aircraft segment sales of $175 million were up $12 million from last year, helped by sales associated with the fiscal 2009 acquisitions of the Wolverhampton flight controls business and the Fernau navigation aids business. Military aircraft sales of $109 million were up 6%, including $10 million from Wolverhampton. Sales were lower on the F-35 Joint Strike Fighter as the program transitions from development to production while aftermarket sales at $38 million were up over 40%.

Commercial aircraft sales of $57 million were level with the same quarter a year ago. Commercial aircraft sales from Wolverhampton of $11 million offset declines in both business jet products and in the aftermarket. OEM sales to Boeing and Airbus, excluding acquisition sales, maintained the same level as last year.

Space and Defense sales were $69 million in the quarter. Last year’s first quarter sales of $71 million included $14 million of sales for the Driver’s Vision Enhancer which did not repeat this year. Sales increased in controls for satellites, satellite launch vehicles and the Company’s new initiatives in security and surveillance and Naval applications. Work on the NASA Constellation program was up only slightly from last year.

Industrial Systems sales of $136 million were up 24% from a year ago. The Company’s recent acquisitions in the wind energy market added $44 million in sales to the quarter. Sales of controls for capital equipment, power generation and motion simulators continue to run at reduced levels.

Components Group sales of $85 million were up 4% from a year ago. The sales increases were in the aircraft and defense products which generated $56 million in revenue in the quarter. The largest sales increases were in fiber optic controls for the Eurofighter and de-icing systems for the Black Hawk helicopter. These increases offset declines in sales of marine, medical and industrial components.

Medical Devices segment sales at $29 million had the benefit of two recent acquisitions. Sales in the legacy product lines increased by 17% however, primarily as a result of increased sales of IV infusion pumps and administration sets.

Twelve month consolidated backlog on January 2, 2010 was $1.1 billion, up $220 million, or 25%, from a year ago, primarily related to acquisitions.

The Company has reaffirmed its guidance for fiscal 2010 and continues to project sales of $2.12 billion, net earnings of $103 million and earnings per share of $2.25 with a range of ± $.10.

“Our Company is in the early stages of a recovery from the recession-impacted results of last year,” said R.T. Brady, Chairman and CEO. “Our recent acquisitions have provided sales momentum and the segments that were most affected last year are slowly improving their profitability. We’re anticipating slow but steady improvement as the year progresses.”

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. Additional information about the company can be found at www.moog.com.

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15.04.2010 22:54
Moog and COMAC Sign Letter of Intent for C919 High Lift System

EAST AURORA, N.Y., April 15 /PRNewswire-FirstCall/ -- Moog Inc. and the Commercial Aircraft Corporation of China (COMAC) signed a letter of intent today for the development of the High Lift System for the C919, COMAC's new narrow body commercial transport.

The letter of intent is a framework agreement to commence the joint development phase of the C919 High Lift System in parallel with definitizing contract terms for the production program. The High Lift System includes all flap and slat actuation, pilot interfaces, electronic controls, power drive units, wing tip brakes, gearboxes and miscellaneous components.

COMAC has forecasted a global market for more than 2,000 C919 aircraft over the 20 years following entry into service, planned for 2016.

Warren Johnson, President of Moog's Aircraft Group, stated, "China is the world's fastest growing aviation market and the C919 represents a key opportunity for Moog to participate in this growth. We are very proud of our selection by COMAC and of our position as a key system supplier on this prestigious program."

Moog has separately entered into a cooperation agreement with Qing'an Group, an industrial partner and subsidiary of the Aviation Industries of China, who will participate with Moog on this project.

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. Additional information about the company can be found at http://www.moog.com/.

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Apr 30, 2010 08:00 ET
Moog Reports Increased Earnings Forecast

EAST AURORA, NY--(Marketwire - April 30, 2010) - Moog Inc. (NYSE: MOG.A) (NYSE: MOG.B) today announced second quarter earnings of $25 million, a 6% increase over last year's second quarter. Earnings per share of $.55 were equal to last year's since the Company sold 2.7 million additional shares of Class A common stock at the end of last year. Total sales of $510 million were up 13% from a year ago.

Total aircraft sales in the quarter of $189 million were up $27 million from a year ago. The Company's recent acquisition of the General Electric Actuation Systems business in Wolverhampton, U.K. provided almost all of the sales growth. Military aircraft sales of $114 million were up $12 million from last year. On-going production programs including the F-18 fighter, the V-22 tilt rotor aircraft and the Blackhawk helicopter provided all of the increase. Revenue on the F-35 Joint Strike Fighter was down $2 million as the development nears completion and the production program has just begun to ramp-up. Military aftermarket sales in the quarter were flat at $35 million.

The Company's commercial aircraft sales in the quarter at $65 million were up $11 million from last year. Sales to Boeing and Airbus totaled $33 million in the quarter, a $17 million increase. The Wolverhampton acquisition provided $12 million of that sales increase. Revenue on business jet programs was significantly lower in the quarter at $5 million. Commercial aftermarket sales at $21 million were up almost $3 million and the Company's navigation aids product line, with sales of $10 million, provided a $4 million increase.

The Space and Defense segment had a very strong quarter. Sales at $79 million were up $11 million from a year ago. Revenues on Orbital Sciences' Taurus II launch vehicle were $3.4 million compared to only $300K a year ago. Sales on the Hellfire missile at $4 million were twice last year's level. Revenue on NASA's Constellation program was nearly $5 million, up $1.5 million from last year. In the defense controls product line, the Driver's Vision Enhancer program generated $7 million in sales, up $5 million from a year ago.

The Company's Industrial Systems segment is making a steady recovery from last year's global recession. Sales in the quarter of $120 million increased $16 million from the prior year. The Company's recent wind energy acquisitions generated $26 million in revenue. Sales of controls for capital equipment and most of the Company's other major industrial product lines improved from last quarter but still haven't recovered to last year's level.

Sales for the Components Group of $90 million were up $5 million from last year's second quarter. Within this segment, the aircraft, space and defense, industrial and medical product lines all produced sales increases. The largest sales increase was in military aircraft where revenue was up $5 million to over $31 million reflecting hardware deliveries for Eurofighter, the Blackhawk helicopter, and the V-22 tilt rotor programs. The defense controls product line was also up substantially as a result of sales on the Common Remotely Operated Weapons Station (CROWS). The Company's marine product line is used primarily in off-shore oil exploration and sales in this market have declined along with the price of oil. Sales in this quarter were $6 million, down from $11 million a year ago.

The Medical Devices segment had sales of $32 million, down 5% from last year. Sales of I.V. and enteral pumps were down $3.4 million from last year's record sales levels. Administration set revenues were up $2.0 million and sales of sensors and hand pieces were up $1.2 million.

The Company's twelve month backlog of $1.1 billion is up over 20% from a year ago.

The Company has updated its guidance for the year. Sales for the year will be down very slightly from $2.12 billion to $2.1 billion, but the Company increased its forecast for net earnings and earnings per share. Net earnings are now projected at $107.4 million and earnings per share at $2.35, an increase of 19% over the previous fiscal year.

"The Company's second quarter results exceeded our plan, particularly in Aircraft and in Space and Defense," said R.T. Brady, Chairman and CEO. "Our Components Group delivered another solid performance. Wind energy and Medical Devices sales are developing a little more slowly than we'd planned but both show signs of improvement. The overall result will be a year better than our original forecast and we're now forecasting a 19% improvement in earnings per share."

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. Additional information about the Company can be found at www.moog.com.