Moog and Lufthansa Technik Announce Agreement

Moog Inc. (NYSE: MOG.A) (NYSE: MOG.B) and Lufthansa Technik jointly announced today that they have signed a contract making Lufthansa Technik an authorized service provider for Moog's flight control products on both the Boeing 787 and the Airbus A350 aircraft. Moog is the original equipment provider for both primary and high lift flight control actuation systems on the 787 and the primary flight control actuation and trailing edge actuation system on the A350.

Lufthansa Technik´s component division already plays a major role in supporting the 787 for multiple customers and is preparing for the entry into service of the A350 for other customers. This agreement allows Lufthansa Technik to directly offer its customers MRO services specifically related to Moog's 787 and A350 products.

"We are pleased to be working with Lufthansa Technik on the 787 and A350," stated Kate Schaefer, Moog's General Manager of Commercial Aircraft Services. "We are dedicated to providing our customers with unparalleled service and support and this agreement expands the service choices available to the airlines."

Harald Gloy, Senior Vice President Aircraft Component Services of Lufthansa Technik, said: "I am very pleased that we could further extend the long-standing successful relationship between Moog and Lufthansa Technik. This agreement is a major milestone and enhances Lufthansa Technik´s position as a key MRO provider on the 787 as well as on the A350 program."

Source: Moog Inc.
Date: Jan 8, 2015