Moog designs and manufactures precision motion controls and actuation systems — components that control movement with high accuracy in applications where failure is not an option. Key products include flight control actuation for aircraft, steering and control systems for missiles, thrust vector controls for rockets, and motion controls for industrial machines and medical devices. Moog sells primarily to OEMs — defense primes like Lockheed Martin and Boeing, airframers like Airbus, and industrial equipment makers — typically under long-term contracts in aerospace and defense. The U.S. government, directly and through contractors, represents Moog's largest customer base. Moog operates through four roughly equal segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. The core business model is to win a design position on a platform — an aircraft, missile, or satellite — and then supply that platform for its entire production life, generating OEM revenue followed by a long tail of higher-margin aftermarket revenue (spare parts and repairs). Moog has been executing a multi-year margin improvement program anchored by portfolio simplification, pricing initiatives, and an 80/20 focus on the most profitable customers and products. Growth priorities include capturing defense demand across missiles, hypersonics, space, and combat aircraft; benefiting from Boeing and Airbus production rate increases on wide-body commercial aircraft; and investing in fast-growing industrial niches like data center cooling pumps and IV infusion pumps.