11 May 2010
Jay Hennig, group president of Moog's Space and Defense segment, said: "[Pieper’s] headquarters in Schwerte will provide a base from which our security and surveillance businesses can provide superior, local service to our European customers."Pieper had 2009 revenues of €11 million and the acquisition is expected to add approximately €5 million to Moog's sales for the remaining five months of the 2010 fiscal year.
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