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2026-08-14 19:52 27d ago
2026-08-14 14:00 27d ago
Moog otevřel závod AIM a podpoří vojenské programy
MOG-A Moog
FMP Stock News 72
Original source text
New facility strengthens Western New York manufacturing, supports critical military aircraft programs, and expands opportunities for the next generation

EAST AURORA, N.Y.--(BUSINESS WIRE)--Moog Inc. (NYSE: MOG.A and MOG.B) today celebrated the opening of its new Advanced Integrated Manufacturing (AIM) facility while marking the company's 75th anniversary, highlighting a continued commitment to Western New York through advanced manufacturing investments, workforce development, economic growth, and STEM education.

"Today's celebration is about more than opening a building," said Pat Roche, President & CEO of Moog Inc. "It reflects our confidence in Western New York, our employees, and the future of advanced manufacturing."

Share Company leaders, elected officials, community partners, and employees gathered for a ribbon-cutting ceremony and facility tour showcasing the new 150,000-square-foot manufacturing center, a $150 million investment designed to increase production capabilities, create a more efficient work environment, and strengthen the U.S. defense manufacturing industry in the region.

The AIM facility provides nearly 50 percent more space than the operation it replaces and features advanced machining, automation, robotics and inspection technologies that will help improve efficiency, quality, safety, and product flow while supporting critical military aircraft programs.

“Today's celebration is about more than opening a building," said Pat Roche, President & CEO of Moog Inc. "It reflects our confidence in Western New York, our employees, and the future of advanced manufacturing. Moog began as a small, engineer-led startup in 1951 by Bill Moog and has grown into a global leader in advanced motion control over the past 75 years. AIM is part of a broader commitment we've made across Western New York, to continue to develop critical technologies, creating high-quality jobs, and supporting our customers for generations to come."

Moog employs more than 4,300 people in Western New York, making it the company's largest global location and one of the largest advanced manufacturing and engineering employers in the region. Approximately 30 percent of Moog's global workforce is based here. Last year alone, the company provided nearly a half billion dollars in local wages, spent approximately $40 million with more than 200 Western New York suppliers, and contributed nearly $1 million to local non-for-profit/community organizations.

The new AIM facility is part of more than $300 million Moog has invested in Western New York over the last five years. Recent projects include the expansion of the company's Space Actuation and Avionics operations in East Aurora, into a 120,000-square-foot center for the development, production, and testing of precision actuation and avionics systems for launch vehicles, spacecraft, and defense applications, as well as a new propulsion clean room in Niagara Falls that will increase production capacity by more than 80 percent to support growing demand for satellite and missile propulsion technologies. Last year, Moog opened a 13,000-square-foot Operations Training Center that provides hands-on training and career development paths, ensuring the advanced manufacturing workforce can meet the growing manufacturing demand.

Speaking to attendees, company leaders emphasized how continued investments in facilities, technology, and workforce development are helping strengthen both the regional economy and the nation's aerospace and defense industrial base.

"Western New York has played a crucial role in Moog's success since our founding in 1951," said Mark Graczyk, President of Moog Military Aircraft. "The AIM facility brings together people, process and technology in a way that strengthens our ability to deliver high-quality, safety-critical products while creating a safer, more efficient environment for our employees."

Over the next several years, nearly 1,500 parts will transition into the AIM facility, beginning with some of the company's highest-volume products. The facility will support current military aircraft programs while providing flexibility for future growth and next-generation technologies.

As part of the celebration, Moog also reflected on its longstanding impact on the region and announced a new STEM education initiative in honor of its 75th anniversary.

The company unveiled a commitment to fund 75 STEM scholarships of $1,951 each, recognizing the year Moog was founded. The scholarships will be administered through four Western New York organizations: Buffalo Prep, Dream It Do It Western New York, Northland Workforce Training Center and Say Yes Buffalo.

"Investing in future innovators is one of the most meaningful ways we can celebrate this milestone," Roche said. "Our success has always depended on talented people, and these scholarships will help create opportunities for the next generation of engineers, technicians and problem-solvers."

Representing the Moog founding family, Nancy Aubrecht, daughter of founder Bill Moog, joined the event to reflect on the company's legacy and its enduring commitment to innovation, people and community impact.

During the program, Moog also recognized multi-generational employee families whose connections to the company span decades, highlighting the role the company has played in creating long-term career opportunities throughout the region and a great place to work.

Government and Community Leader Remarks

Governor Kathy Hochul said:
“For 75 years, Moog has stood as a crown jewel of New York manufacturing, transforming Western New York into a global hub for aerospace and technological innovation,” said Governor Hochul. “From its humble beginnings in an East Aurora hangar to its modern role shaping precision motion-control systems, Moog’s legacy is proof that when we invest in New York ingenuity and high-tech manufacturing, it results in good-paying jobs for our communities.”

U.S. Representative Nick Langworthy said:
"Moog is one of the great Western New York success stories, who for the last 75 years, has been pushing the boundaries of innovation while creating excellent paying careers and strengthening our manufacturing base," said Congressman Nick Langworthy. "The investment in this new AIM facility shows that the next 75 years can be just as successful as the first. I am proud to represent the thousands of Moog employees across Western New York who come to work every day designing and building technologies that keep our country safe, advance American innovation, and compete on a global stage. I look forward to seeing all that Moog will continue to accomplish right here in Western New York.”

U.S. Representative Tim Kennedy said:
"For 75 years, Moog has been a symbol of what Western New York does best: innovate, build, and never stop pushing the boundaries of what's possible," said Congressman Tim Kennedy (NY-26). "From its roots in a small East Aurora hangar to a global leader in aerospace and defense technology with operations right here in Buffalo, Moog has created and sustained thousands of good-paying jobs while proving that world-class engineering can call Western New York home. I'm proud to congratulate Moog on this milestone, and I'll keep supporting the workers and innovators who make this company, and our region, so special.”

U.S. Representative Claudia Tenney said:
“For 75 years, Moog has shown what American innovation and a world class workforce can accomplish right here in Western New York,” said Congresswoman Claudia Tenney. “This new advanced manufacturing facility builds on that legacy by strengthening our defense industrial base, supporting good paying American jobs, and ensuring our servicemembers have access to the cutting-edge technologies they need. Moog’s continued investment in Western New York, its workforce, and the next generation of innovators will help keep our region and our nation at the forefront of advanced manufacturing for years to come.”

About Moog Inc.
Moog is a worldwide designer, manufacturer and systems integrator of high-performance precision motion and fluid controls and control systems. Moog's products and technologies support aerospace, defense, space, industrial and medical applications around the world. Founded in 1951, the company maintains a significant presence in Western New York, where it continues to invest in innovation, advanced manufacturing and workforce development.

Shaping the way our world moves™

More News From Moog Inc.
2026-07-31 22:48 1mo ago
2026-07-31 17:04 1mo ago
Moog zvýšil výhled po rekordních tržbách
MOG-A Moog
FMP Stock News 92
Original source text
Moog Is More Than a Missile Maker, and Wall Street Is NoticingMoog NYSE: MOG.A reported record third-quarter fiscal 2026 sales of $1.1 billion, up 15% from a year earlier, as demand increased across its aerospace, defense and industrial businesses. The company also said its 12-month backlog rose 23% year over year and generated $133 million of free cash flow during the quarter.

Adjusted earnings per share reached a record $3.72, up 60% from the prior-year quarter. Chief Financial Officer Jennifer Walter said roughly half of the increase reflected stronger underlying business performance, primarily from higher sales, while the other half was attributable to tariff refunds.

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The quarter included a $30 million operating-profit benefit from the recovery of previously paid IEEPA tariffs, equivalent to 270 basis points of operating margin and approximately $0.70 per share. Moog also completed a review of its domestic research and development tax credit, resulting in a $35 million prior-year benefit that was excluded from adjusted results, along with an $8 million one-time tax benefit tied to legal-entity simplification and $13 million of simplification-related charges.

Segment growth across portfolio Sales increased in each of Moog's four business segments. Space and Defense revenue rose 17% to $336 million, supported by broad defense demand, particularly for missile controls and space vehicles. Military Aircraft sales increased 9% to $245 million as repair and overhaul activity, spare-part sales and activity on the MV-75 program increased.

Commercial Aircraft sales rose 17% to $254 million, driven by increased production-program volume, pricing on certain major programs and strong aftermarket sales. Industrial revenue increased 18% to $282 million, with about half of the growth coming from the rapidly expanding data-center cooling market. Medical-device and energy markets also contributed to Industrial growth.

Space and Defense adjusted operating margin was 15.7%, up 150 basis points year over year. Military Aircraft adjusted operating margin was 14.7%, up 290 basis points. Commercial Aircraft adjusted operating margin was 15.2%, up 50 basis points. Industrial adjusted operating margin was 19.9%, aided by data-center cooling pump growth and the tariff refund. Consolidated adjusted operating margin was 16.4%, up 280 basis points from the prior-year quarter. Walter said that, excluding both the tariff refund and a prior-year benefit from the sale of a non-core Commercial Aircraft product line, operating margin improved 80 basis points.

Data-center cooling ramps rapidly Chief Executive Officer Pat Roche said demand for data-center cooling pumps is being driven primarily by one hyperscale customer through two cooling distribution unit manufacturers. The business is expected to grow from about $25 million in fiscal 2025 revenue to nearly $100 million in fiscal 2026, representing a near-quadrupling of throughput.

Moog expanded production by improving manufacturing yield and line efficiency before replicating its production lines. The company now operates two lines in Murphy, North Carolina, and recently began operating a third line in Bangalore, India. Roche said the three lines have capacity of about 1,300 pumps per week.

The current RM44 pump is used for in-rack cooling of high-performance AI processing equipment. Moog is also qualifying a next-generation product for in-row cooling across multiple racks. Roche said the product is designed to meet the OCP AS5 standard established by Google and is expected to enter production next year, with both products in production during fiscal 2027.

While the company has focused on meeting demand from its existing customer base, Roche said it has begun business-development outreach to additional cooling distribution unit manufacturers and hyperscalers.

Defense demand and capacity planning Roche characterized defense demand in the United States and Europe as a “generational inflection,” citing priorities including missile replenishment, space capabilities and aircraft procurement. Moog expects missile-program revenue of about $275 million in fiscal 2026, more than 20% above the prior year.

He said anticipated increases tied to seven-year missile agreements have not yet flowed into Moog's reported backlog, though the company is in active discussions with prime contractors and has performed planning exercises for higher volumes. Moog expects prime contractors to increase production rates by multiples on programs including PAC and THAAD, according to Roche.

To support a higher missile-production ramp, Moog is working on manufacturing flow, yield and methods engineering, Roche said. The company has room within existing Salt Lake City facilities for additional production lines before requiring building expansions. Required capital is expected to be concentrated in test equipment rather than heavy machining equipment.

On the MV-75 program, Roche said Moog experienced no workflow disruption or slowdown during the quarter and expects activity to continue through the fourth quarter under its current guidance. He said Textron had experienced a workflow disruption but that work had resumed, and Textron had committed to self-fund a potential gap over the next several months if necessary.

Guidance raised Moog raised its fiscal 2026 outlook for revenue, adjusted operating margin, adjusted earnings per share and free-cash-flow conversion. Revenue guidance was increased by $50 million, including a $10 million increase in Space and Defense on missile-control demand, a $10 million increase in Military Aircraft due to aftermarket activity, and a $30 million increase in Industrial related to cooling-pump demand.

The company raised adjusted operating-margin guidance by 70 basis points to 14.1%, largely reflecting the tariff refund. It increased adjusted EPS guidance by $1.05 to $11.65, plus or minus $0.10, citing tariff refunds, a higher current-year R&D tax credit and projected earnings from higher sales.

Moog now expects free-cash-flow conversion of about 70%, up from its prior forecast, as capital expenditures are projected to be lower than previously expected because of the timing of investments supporting organic growth. Walter said the company ended the quarter with a leverage ratio of 1.5 times and continues to prioritize organic investment while pursuing strategic bolt-on acquisitions that complement its portfolio.

About Moog (NYSE:MOG.A)Moog Inc designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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