The Moog Story
Over fifty years ago, we started as designer and supplier of aircraft and missile components. Today, our motion control technology enhances performance in a variety of markets and applications, from commercial aircraft cockpits, to power-generation turbines, to Formula One racing, to medical infusion systems.
Our culture supports our talented people, allowing them to approach their work with energy, enthusiasm, and the promise of success.
Our history begins with our founder, William C. Moog – inventor, entrepreneur and visionary. In 1951, Bill Moog developed the electro-hydraulic servovalve, a device that translates tiny, electrical impulses into precise and powerful movement. In July of 1951, Bill, his brother Arthur, and Lou Geyer, rented a corner of the abandoned Proner Airport in East Aurora and formed the Moog Valve Company.
"A Better Way" to Run a Company
From experience, Bill knew that work environment played an important role in any Company's success. He had some unique ideas about a "better way" to run a Company -- treating employees with trust and respect. These simple ideas laid the foundation for what would eventually become part of Moog's much-acclaimed work environment and culture.
Moog's First Orders
The first order for four valves was sold to Bendix Aviation. Larger orders followed from Boeing and Convair. The servovalve revolutionized the aerospace industry and led to the creation of Moog Inc. By 1954, Moog valves were standard equipment on about half of all US fighter planes and more than 70% of all guided missiles.
The introduction of the industrial valve was a success, and by 1960 total sales had grown to more than $10 million. In the aerospace arena, in one of our proudest achievements, our engineers designed and manufactured the actuators on the Saturn C-5 rocket that carried Neil Armstrong to his historic first step on the moon in July 1969.
1970s through 1990s: Continued Growth
During the 1970s, we entered the growing market for injection and blow molding process controls. More involvement in the US space program led to the award of a contract to supply hardware on the Space Shuttle. The Shuttle flew for the first time in 1981 utilizing the first application of our groundbreaking "Fly-by-Wire" technology.
In 1988, Robert T. Brady, Aircraft Group President, was named CEO. Sales at the end of the decade reached $282 million. By the mid-1990s operations were established in India. Our first large acquisition, a purchase from Allied Signal, was the Torrance, California Aircraft Operation. By the end of 1999, revenues grew to more than $630 million.
2001 brought a $50 million dollar Space Shuttle refurbishment contract and Moog stock moved from the American to the New York Stock Exchange. We were named designer and supplier for the flight control systems for the Lockheed F-35 production aircraft and provider of the primary flight controls for Boeing’s 787 Dreamliner program.
In 2004 our revenues broke the $900 million revenue mark with another large acquisition, Litton Poly-Scientific, renamed Moog Components Group. For the first time, our fiscal year sales were over 1 billion dollars.
See Mail Address
|Company Address||24-49, Dunteo-ro, Majang-myeon, Icheon-si, Gyeonggi-do, Korea|