The aerospace business has done extremely well lately, and Moog (NYSE: MOG-A) (NYSE: MOG-B) has profited from the success of the sector through selling precision components and systems that go into a wide variety of different aircraft. Although Moog does work for industrial manufacturers and for the space and defense industry, aerospace has been a key driver for the company in recent years.
Coming into Friday's fiscal fourth-quarter financial report, Moog investors wanted to see continued growth from the company, and Moog's results were even better than most had anticipated. Let's take a closer look at Moog to see how it did and what's ahead for the company.
Moog makes components and systems for aircraft like this E-2D Hawkeye. Image source: Moog.
Source: Fool.com