:

Moog Acquires U.K. Air Navigation Systems Company

DDN

Friday, March 6th, 2009

SHARE:

Moog [MOG.A, MOG.B] recently said it has acquired United Kingdom-based Fernau Avionics Ltd., for $45 million in cash in a deal that complements the company's current navigation aids business. "Fernau, with a robust portfolio of products and services, significantly expands our capabilities in this market and extends our customer base throughout Europe and Asia," Warren Johnson, president of Moog's Aircraft Group, said in a statement. Fernau supplies ground-based air navigation systems for military, naval and civil aviation. Fernau had $22.1…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]