Acquisitions, Divestitures and Assets Held for Sale

12 Months Ended

Sep. 27, 2025

Business Combination [Abstract]

Acquisitions, Divestitures and Assets Held for Sale

Acquisitions, Divestitures and Assets Held for Sale

Acquisitions

On July 1, 2025, we acquired COTSWORKS, Inc. ("COTSWORKS"), based in Ohio for a purchase price, net of cash acquired, of $61,473, which was paid in cash and the issuance of Moog Class A shares valued at $20,294. At September 27, 2025, we have ascribed $12,000 of the purchase price to intangible assets. COTSWORKS designs and manufactures rugged optical components and subsystems for harsh environment applications, primarily serving the commercial, military, aerospace and industrial markets. The purchase price allocation is substantially complete, with the exception of income tax assets and liabilities. This operation is included in our Space and Defense segment. The sales and results of COTSWORKS are immaterial in 2025.

On October 20, 2023, we acquired Data Collection Limited ("DCL") based in Auckland, New Zealand for a purchase price, net of acquired cash, of $5,911. DCL specializes in manufacturing and operating pavement surveying equipment and providing innovative solutions for measuring and managing pavements. This operation is included in our Military Aircraft segment. The sales and results of operations of DCL are immaterial in 2025 and 2024.

Divestitures

In the fourth quarter of 2024, we recorded losses in Asset impairment and fair value adjustment of $14,897, related to selling a motors business in the Czech Republic and a hydraulic systems business in Luxembourg that were included in our Industrial segment. As a result, we have classified $9,360 in prepaid expenses and other current assets and $5,153 in accrued liabilities and other as held for sale at September 28, 2024. We completed the sale of these businesses on September 30, 2024, which required the release of the associated cumulative translation adjustment. There has been no significant change to the losses recognized as a result of completing the transactions.

Assets Held for Sale

As of the third quarter of 2025, we have classified a non-core business within our Space and Defense segment as held for sale. We have classified $61,067 in prepaid expenses and other current assets and $15,524 in accrued liabilities and other as held for sale. See Note 8 - Goodwill and Intangible Assets for additional details.