Equity Method Investments and Joint Ventures

3 Months Ended

Dec. 28, 2024

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments and Joint Ventures

Equity Method and Other Investments

Investments and operating results in which we do not have a controlling interest, however we do have the ability to exercise significant influence over operations, are accounted for using the equity method of accounting. Net investment balances for equity method investments and joint ventures are included as Other assets in the Consolidated Condensed Balance Sheets and consist of:

	December 28, 2024		September 28, 2024
Moog Aircraft Service Asia	$	1,490	$	1,742
Suffolk Technologies Fund 1, L.P.	2,115		1,659
Net investment balance	$	3,605	$	3,401

We recorded the following gains and losses from equity method investments and joint ventures which are included in Other in the Consolidated Condensed Statements of Earnings:

	Three Months Ended
	December 28, 2024		December 30, 2023
Net gain (loss)
Equity method investments and joint ventures	$	1	$	(67)

Moog Aircraft Services Asia ("MASA") is a joint venture included in our Commercial Aircraft segment in which we currently hold a 51% ownership share. MASA is intended to provide maintenance, repair and overhaul services for our manufactured flight control systems.

Suffolk Technologies Fund 1, L.P., is a limited partnership included in our Industrial segment that invests in startups to transform the construction, real estate and property maintenance industries in the U.S. We have a remaining on-call capital commitment of up to $5,158.

Investments in, and the operating results of, entities in which we do not have a controlling financial interest or the ability to exercise significant influence over the operations are accounted for at historical cost or fair value using readily determinable financial information. As of December 28, 2024, we had investments of $4,580, which are included as Other assets in the Consolidated Condensed Balance Sheets.