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Equity Method and Other Investments

9 Months Ended

Jun. 28, 2025

Equity Method Investments and Joint Ventures [Abstract]

Investments and operating results in which we do not have a controlling interest but 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:


	June 28, 2025		September 28, 2024
Moog Aircraft Service Asia	$	2,246	$	1,742

Suffolk Technologies Fund 1, L.P.	2,663		1,659
Net investment balance	$	4,909	$	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				Nine Months Ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Net gain (loss)
Equity method investments and joint ventures	$	195	$	(52)	$	446	$	219

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 $4,774.

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. During the three months ended June 28, 2025, we recorded a $3,000 impairment for the devaluation of an investment, which is included in Asset impairment in the Consolidated Condensed Statements of Earnings. As of June 28, 2025, we had investments of $1,580, which are included as Other assets in the Consolidated Condensed Balance Sheets.