Thales completed the acquisition of Moog’s ground-based navigation aids business in Salt Lake City in a move that the electronics specialist said would enable it to provide a more comprehensive offering to its global customer base. Announced yesterday, the deal’s completion comes not quite six months after the companies revealed they had signed a definitive agreement for the sale and follows regulatory clearances in October.
Thales said the acquisition provides it with expanded “man-portable” technology, as well as U.S.-based engineering, industrial, and other technology capabilities for both civil and military customers. Thales provides air traffic management and navigation aids to the FAA and U.S. Department of Defense, as well as to air navigation service providers (ANSPs) and airports globally. Moog has furnished ground and ship-based radio frequency navigation beacons for both civilian and military applications.
“Radio air navigation offers unmatched reliability and convenience for all aviation stakeholders from pilots to ANSPs,” said Kais Mnif, managing director for Thales’s Navaids and Surveillance Business. “Additionally, the ways we design our navigation aids and bring them to the market have dramatically evolved with technological advances and creative delivery models. Through the acquisition of Moog, we can offer them an even more advanced technology with varying solutions for their specific needs.”
The navaids business represented less than 1 percent of Moog’s annual sales, the company said.