Moog [MOG.A] on Friday said it has acquired CSA Engineering, Inc., a small engineering firm that specializes in the design and supply of systems for vibration suppression, precision motion control and dynamic testing of structures for the space, defense, aircraft and industrial markets.
Moog paid $14.8 million for CSA, including $12.8 million in cash and a $2 million note. CSA’s sales in the most recent year were $14 million.
“CSA’s engineers are recognized experts in the area of vibration and motion control,” Jay Hennig, president of Moog’s Space and Defense segment, said in a statement. “We look forward to continued strong performance in their heritage applications along with the growth that will result from integrating their technology into Moog products and systems.”
Moog said the deal will add about $6 million to its fiscal year 2008 sales and be neutral to earnings.