September 29, 2009 (FinancialWire) — Moog Inc. (NYSE: MOG.A) has launched a public offering of 2.5 million newly issued shares of its class A common stock. Cowen and Co. (NASDAQ: COWN) is acting as the lead manager.

The company plans to grant Cowen a 30-day option to purchase up to an additional 375,000 shares of the stock to cover over-allotments.

Moog plans to use the net proceeds from the offering to repay a portion of the indebtedness recently incurred under its revolving bank credit facility to acquire GE Aviation Systems’ flight control actuation business in the U.K.

East Aurora, New York-based Moog is a designer, manufacturer, and integrator of precision control components and systems. The company’s systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, wind energy, marine and medical equipment.

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