
Moog Inc. [MOG.A] on Monday said it has acquired COTSWORKS Inc., a designer and manufacturer of fiber optic components for aerospace and defense applications, for $63 million. COTSWORKS has more than 120 employees and operates from locations in Cleveland, Ohio, and Fulda, Germany. The company’s products include optical transceivers, custom cable assemblies, and test platforms. “The acquisition of COTSWORKS strengthens Moog’s ability to deliver differentiated, edge-ready electronic systems that meet the evolving demands of our aerospace and defense customers,” Joe…