$50 MILLION CONTRACT FROM AIRBUS IS ANNOUNCED BY MOOG

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$50 MILLION CONTRACT FROM AIRBUS IS ANNOUNCED BY MOOG
24 August 2004 - Moog Controls

Moog Inc. announced today that it has been selected by Airbus Military to supply flight controls for the new-generation military airlifter, the A400M. The initial contract for approximately $50 million covers the development phase beginning immediately as well as the production of the first 180 aircraft. Deliveries are scheduled to begin in 2009 and will run through approximately 2018. This win will increase sales in future years but does not change the Company's recently disclosed outlook for its fiscal year 2005.

The Airbus Military A400M is a new multi-role air transport for use in strategic, tactical, and in-theatre operations. The A400M has more than twice the payload and volume of the transports it will replace. It also has an air-to-air refuelling capability both as a donor and receiver. Seven European NATO countries have committed as launch customers to a total of 180 aircraft. Airbus Military foresees a further export market for around 200 aircraft over the next 15 years in addition to the initial launch order.

Moog is responsible for the design, manufacture, and integration of eight fly-by-wire servoactuators for control of the aircraft's primary flight surfaces. These include conventional electrohydraulic actuators for the aileron, elevator, and certain spoilers, plus advanced technology electrohydrostatic actuators for positioning additional spoiler panels.

'We're delighted to have the opportunity to work with Airbus on this important new military transport,' said R.T. Brady, Chairman and CEO. 'We look forward to using our extensive capabilities in the latest technologies to provide their fleet with enhanced performance. Also, we want to acknowledge the enthusiastic efforts of Senator Hillary Clinton in her support of our Company's campaign to win this program at Airbus.'

Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog's high-performance actuation products control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, and medical equipment.

http://www.moog.co.uk

About: Moog Controls
Moog Controls started life in the UK in October 1965 as Moog Hydra-Point, based in Cheltenham, England. This new subsidiary was set up to manufacture and market the Moog Hydra-Point machines in the UK, South Africa and European common market.

Nearly 40 years later, not only does MCL manufacture a suite of products for motion control applications, they are also active in the design and development of new and innovative solutions for precision control problems. Our team of highly skilled engineers can provide project support to assist our customers in the performance of a wide variety of applications including, motion simulators for training and entertainment, industrial gas turbine controls, plastics machinery controls, heavy industry, metal forming & pressing, and commercial and military ground vehicle controls.

All Moog subsidiaries are represented by regional sales engineers backed by comprehensive product and engineering support teams. Add to this the global presence of Moog and you are ensured a competent partner to deliver and service you and your customers needs.

MCL employs over 270 people on its Tewkesbury site, accommodated in 3 buildings, producing over 21,500 servovalves per annum.

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