Transaction Announcement: Moog has divested Bradford Engineering to AIAC

Moog Inc. has divested its wholly owned subsidiary, Bradford Engineering B.V. (“Bradford”), to American Industrial Acquisition Corporation (“AIAC”).  Bradford is a European developer and manufacturer of equipment for satellites and spacecraft including Attitude and Orbit Control Systems (“AOCS”), Propulsion, Avionics and Thermal solutions.  Bradford also manufactures components and subsystems such as pressure transducers, flow meters, cold gas systems, sun sensors and reaction wheels for major European satellite prime manufacturers.   Customers include ESA, NASA, JAXA, NSO, EADS-Astrium, Thales Alenia Space, OHB System, OHB Sweden, QinetiQ, The Boeing Company, IHI, NEC-Toshiba Space, Teledyne Brown Engineering and others.  Bradford will operate as a portfolio company of AIAC with no change, complementing AIAC’s existing European group of businesses and providing AIAC with an established manufacturing base for space subsystems and components in Europe.

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By |2016-11-03T14:09:20+00:00November 3rd, 2016|Transaction Announcements|0 Comments