Moog (MOG) Jefferies Global Industrials Conference 2026 summary

Company background and strategic positioning

• Celebrating 75 years, with roots in missile and space actuation, now expanded to systems engineering and precision components.

• Recognized as a top workplace, aiding talent attraction and retention during growth phases.

• Focus on mission-critical, flight safety, and high economic impact applications, with strong IP and customer stickiness.

Operational transformation and performance

• Shifted to greater accountability and clear performance expectations for business leaders.

• Simplified business structure, empowering units with control over resources and outcomes.

• Emphasis on pricing discipline and simplification to drive execution and results.

Growth, backlog, and market dynamics

• Backlog up 23% to $3.3B (12-month), total backlog at $7.1B, outpacing 15% revenue growth.

• Exceeded prior growth targets, now projecting 9% CAGR over three years, with 14% YoY growth expected into 2026.

• Space and Defense and data center cooling in industrial segment are key growth drivers.