{"id":83818,"date":"2011-12-20T00:08:18","date_gmt":"2011-12-19T16:08:18","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/moog-acquires-satellite-equipment-manufacturer-for-13-1-million\/"},"modified":"2011-12-20T00:08:18","modified_gmt":"2011-12-19T16:08:18","slug":"moog-acquires-satellite-equipment-manufacturer-for-13-1-million","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/moog-acquires-satellite-equipment-manufacturer-for-13-1-million\/","title":{"rendered":"Moog Acquires Satellite Equipment Manufacturer for $13.1 Million"},"content":{"rendered":"<p>[12-19-11] Motion control technology developer <b>Moog Inc.<\/b> has acquired Netherlands-based satellite equipment manufacturer <b>Bradford<\/b> in an all-cash deal worth $13.1 million, Moog confirmed Dec. 16.<br \/>\n&nbsp; &nbsp;The acquisition is expected to add about $10.5 million to Moog\u2019s sales during the remainder of its fiscal year that runs through September 2012. \u201cThe acquisition is not expected to have an impact on the company\u2019s profits during the current fiscal year, excluding accounting adjustments,\u201d Moog said in a company announcement.<br \/>\n&nbsp; &nbsp;Bradford, which develops and builds satellite attitude and orbit control subsystems, as well as propulsion and thermal subsystems and components, will be merged with its now parent entity to complement the offerings of Moog\u2019s satellite component business.<br \/>\n&nbsp; &nbsp;In a statement, Moog Space and Defense Group President Jay Hennig said the deal would significantly strengthen its regional market presence. \u201cWe believe there is a strong demand for their products in the United States, and we will now have an established manufacturing base for space components in Europe.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[12-19-11] Motion control technology developer Moog Inc. has acquired Netherlands-based satellite equipment manufacturer Bradford in an all-cash deal worth $13.1 million, Moog confirmed Dec. 16. &nbsp; &nbsp;The acquisition is expected to add about $10.5 million to Moog\u2019s sales during the remainder of its fiscal year that runs through September 2012. \u201cThe acquisition is not expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-83818","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83818"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=83818"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83818\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=83818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=83818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=83818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}