May 10, 2010 (FinancialWire) — Moog Inc. (NYSE: MOG) said it has purchased Pieper GmbH, a Germany-based manufacturer of video products and integrated vision systems for security and extreme industrial environments.

According to Moog, Pieper had 2009 revenues of euro 11 million.

Jay Hennig, the group president of Moog's Space and Defense segment, said that 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."

Moog said it expects that the acquisition will add around euro five million to Moog's sales for the remaining five months of the 2010 fiscal year. As a result of first year purchase accounting adjustments, the acquisition is expected to be neutral to previously forecasted fiscal year 2010 earnings per share.

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

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