Moog has completed the acquisition of Genesys Aerosystems Group for a purchase price of approximately $77.7 million. Genesys is headquartered in Mineral Wells, Texas and has 143 employees. The purchase includes the operating subsidiaries S-Tec Corporation and Genesys Aerosystems Inc.

Genesys designs and manufactures a full suite of electronic flight instrument systems and autopilot solutions, specialising in fixed wing, rotorcraft, military and special mission aircraft fleet support with avionics and product sustainment services.

“We're excited to bring Genesys Aerosystems' products and people into our Aircraft Controls segment,” says Mark Trabert, Moog Aircraft Controls segment president. “Genesys adds to our product and capabilities portfolio. The product synergies and cultural alignment of our two organisations will enable future growth beyond our current core flight control business.”

“We are proud to bring over 40 years of avionics experience into the Moog family,” adds Genesys CEO Roger Smith. “Joining Moog positions us to continue our development of industry-leading avionics products and our relentless focus on delighting our customers for the long term.

“It has been exciting to be part-owner of Genesys Aerosystems as we have seen the company grow over the last few years. We know that to optimise the growth potential of the company and product lines, Genesys needs to have a long-term parent company that can support both organic and inorganic growth, and Moog is just that company.”

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