# Moog completes acquisition of Genesys Aerosystems for $77.7M

Moog Inc. completed the acquisition of Genesys Aerosystems Group, Inc., headquartered in Mineral Wells, Texas, for approximately $77.7 million. Genesys designs electronic flight instrument systems and autopilot solutions.

- Type: Acquisition
- Announced: 2020-12-18
- Where: Mineral Wells, Texas, United States
- Value: $77.7M
- Jobs: 143
- Status: completed
- Products: electronic flight instrument systems, autopilot solutions, avionics
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Moog](https://endata.com/companies/953.md) (acquirer)
- [Genesys Aerosystems](https://endata.com/companies/44520.md) (target)
- [S-Tec Corporation](https://endata.com/companies/52091.md) (target)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/MOGA/moog-announces-acquisition-of-genesys-aerosystems-group-ugzid6p9affl.html), 2020-12-21: "Moog Inc. announced today that it has completed the acquisition of Genesys Aerosystems Group, Inc. for a purchase price of approximately $77.7 million."
- [nasdaq.com](https://www.nasdaq.com/articles/moog-completes-acquisition-of-genesys-aerosystems-for-$77.7m-2020-12-22), 2020-12-22: "Moog Inc. announced yesterday that it has bought Genesys Aerosystems Group, Inc. (Genesys) and its subsidiaries for approximately $77.7 million."
- [verticalmag.com](https://verticalmag.com/press-releases/moog-inc-acquires-genesys-aerosystems/), 2020-12-22: "Genesys Aerosystems announces that Moog Inc. purchased Genesys Aerosystems on Dec. 18, 2020."
- [avweb.com](https://avweb.com/aviation-news/moog-acquires-genesys-aerosystems/), 2020-12-22: "Genesys Aerosystems has been sold to precision control components and systems business Moog, according to a company announcement last Friday."
- [mechatronicscanada.ca](https://www.mechatronicscanada.ca/changing-scenes/moog-announces-acquisition-of-genesys-aerosystems-group-inc/), 2021-01-14: "Moog Inc. announced recently that it has completed the acquisition of Genesys Aerosystems Group, Inc. for a purchase price of approximately $77.7 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.