Thales to acquire Moog navigation aids business

• Moog navigation aid offerings complement Thales’ family of navigation aids.
• Upon acquisition closing, in addition to fixed navigation aids, Thales will gain “man-portable” technology, further supporting contingency air operations as well as evolving military mobility needs.
• The post-acquisition integration will augment Thales U.S.-based engineering, industrial and technology capabilities.

Thales has entered into a definitive agreement to acquire the Moog ground-based navigation aids business located in Salt Lake City, Utah.  

As one of the worldwide leaders in navigation aids, Thales is trusted by global air navigation service providers and military ATM operators to deliver high quality, cost-effective solutions. Moog has a history of providing quality, reliability and longevity with its navigation aids. Acquiring the Moog navigation aids business will enable Thales to provide a more comprehensive navigation aid offering in addition to maintaining service to Moog customers.

The transaction is subject to regulatory review and customary closing conditions.  Financial terms are not being disclosed. The acquisition is expected to close later this year.