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Moog secures $160M Navy contract (NYSE:MOG.A)

by theadvisertimes.com
11 months ago
in Business
Reading Time: 2 mins read
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Moog secures 0M Navy contract (NYSE:MOG.A)
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Moog (NYSE:MOG.A) (NYSE:MOG.B) has secured $160 million, three-year contract for the repair of swashplates, elevators, and flaperons in support of the V-22 aircraft. The contract has no option periods, and work will be completed by June 2027. The project work will be performed in East Aurora, New York (60%); and Cherry Point, North Carolina (40%), for the first year. The remaining two years will be distributed 50% and 50% for both locations. Naval Supply Systems Command Weapon Systems Support, Philadelphia, Pennsylvania, is the contracting activity.



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