Moog's $160M Navy Contract: Implications for V-22 Aircraft Maintenance

Monday, 1 July 2024, 09:01

Moog (MOG.A) (MOG.B) has recently won a significant $160 million, three-year contract to repair swashplates, elevators, and flaperons for the V-22 aircraft. The absence of option periods underlines the commitment to essential maintenance services for crucial aircraft components. This contract not only showcases Moog's capabilities in the defense sector but also emphasizes their strategic positioning to support the operational readiness of the V-22 fleet.

Seeking Alpha — Moog's $160M Navy Contract: Implications for V-22 Aircraft Maintenance

Moog Secures $160M Navy Contract

Moog (MOG.A) (MOG.B) has secured a substantial $160 million, three-year contract for the repair of swashplates, elevators, and flaperons in support of the V-22 aircraft.

No Option Periods

The contract does not include any option periods, emphasizing the immediate and essential nature of the maintenance work.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.