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Innovative Aerosystems completes acquisition of Moog S-TEC Model 3100 line

Tipranks - Tipranks - Tue Feb 24, 8:04AM CST

Innovative Aerosystems (ISSC) announced it closed the acquisition of the Moog (MOG.B) (MOG.A) S-TEC Model 3100 general aviation fixed wing autopilot product line. “This acquisition represents another important step in our strategy to deliver fully integrated avionics and flight control solutions to the global aerospace market,” said Shahram Askarpour, Chief Executive Officer of Innovative Aerosystems. “By adding this autopilot product line to our portfolio, we are expanding our flight control capabilities, strengthening long-term customer support, and creating new opportunities for integration across current and future platforms.”

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