TacticScale

What Moog Does & How It Makes Money (MOG-A)

Updated October 2026 · reflects Moog's latest reported financials

Maker of precision motion and flight control systems for aerospace and industry. Moog sells engineered control components and integrated systems to original equipment manufacturers in aerospace, defense and industrial markets.

Moog's story, moat and numbers — in a 3-minute visual book.

Explore Moog on TacticScale →

How Moog makes money

Moog sells engineered control components and integrated systems to original equipment manufacturers in aerospace, defense and industrial markets. It also earns revenue from aftermarket sales and support for military aircraft and rotorcraft.

What Moog does

Moog Inc., founded in 1951 as Moog Valve Company and headquartered in East Aurora, New York, makes precision motion and fluid controls and control systems. Its customers are original equipment manufacturers and end users in aerospace, defense and industrial markets. It operates mainly in the United States and Germany, and also sells in other countries. The company reports four segments. Space and Defense supplies components and motion-control systems for defense vehicles, missiles, naval ships, submarines, launch vehicles, satellites and spacecraft. Military Aircraft supplies flight controls and actuation systems for fixed-wing aircraft and rotorcraft, both new-build and aftermarket. Commercial Aircraft supplies flight-critical control systems for widebody, narrowbody, business and regional jets. The Industrial segment brings the same engineering into non-aviation markets. It makes customized motion-control parts and systems for industrial automation, heavy machinery, medical devices, power generation, flight-training simulators and material testing. Taken together, Moog is a specialized supplier of critical components across defense, space, commercial aviation and industrial equipment.

Products & services

What is Moog worth?

On an owner-earnings DCF, Moog's most-likely value is about $224 versus a recent price near $363 (38% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$115) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ $363
Fair value (most likely)
$224
Range
$172–$320
No-growth floor
$115
Price
~$363

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Industrials Industry Aerospace & Defense HQ United States Ticker MOG-A Official site

Related companies

Crane (CR) · Googol Technology (301510.SZ) · The Boeing (BA) · Shanghai Moons' Electric (603728.SS) · Beijing Beimo High-tech Frictional Material (002985.SZ)