67887--12/1/2010--MOOG

related topics

{loss, insurance, financial}

{operation, international, foreign}

{product, market, service}

{cost, operation, labor}

{regulation, government, change}

{tax, income, asset}

{cost, contract, operation}

{personnel, key, retain}

{operation, natural, condition}

{competitive, industry, competition}

{acquisition, growth, future}

{product, liability, claim}

{condition, economic, financial}

We enter into fixed-price contracts, which could subject us to losses if we have cost overruns. Contracting on government programs is subject to significant regulation, including rules related to bidding, billing and accounting kickbacks and false claims, and any non-compliance could subject us to fines and penalties or possible debarment. If we are unable to adapt to technological change, demand for our products may be reduced. Our new product and research and development efforts may not be successful, which would result in a reduction in our sales and earnings. The loss of Boeing or Lockheed Martin as a customer or a significant reduction in sales to either company could adversely impact our operating results. We operate in highly competitive markets with competitors who may have greater resources than we possess. Significant changes in discount rates, rates of return on pension assets, mortality tables and other factors could affect our earnings, equity and pension funding requirements. We are subject to financing and interest rate exposure risks that could adversely affect our business and operating results. We are subject to the risk of loss resulting from financial institutions or customers defaulting on their obligations to us. Our international operations pose currency and other risks that may adversely impact our sales and earnings. A write-off of all or part of our goodwill or other intangible assets could adversely affect our operating results and net worth and cause us to violate covenants in our bank credit facility. Our sales and earnings growth may be reduced if we cannot implement our acquisition strategy. We may incur losses and liabilities as a result of our acquisition strategy. Our future growth and continued success is dependent on our key personnel. Future terror attacks, war, or other civil disturbances could negatively impact our business. Our operations in foreign countries expose us to political risks and adverse changes in local legal, tax and regulatory schemes. Government regulations could limit our ability to sell our products outside the United States and otherwise adversely affect our business.

Full 10-K form ▸

67887--12/1/2010--MOOG_INC