Moog discloses Lockheed Martin award of over $100M

Moog (MOG.B) (MOG.A) has been selected by Lockheed Martin (LMT) to provide custom actuators for the Patriot Advanced Capability – 3 Missile Segment Enhancement contract with the U.S. Army. This upcoming major contract is one of the largest in the history of Moog’s Defense Division valued at over $100 million. The award is attributed to Moog’s exemplary record of quality and on-time deliveries. The PAC-3 MSE program is a critical weapon system in support of the U.S. Army, Joint Forces, and global allies designed to defend against inbound tactical ballistic missiles, cruise missiles, advanced threats and aircraft.