Annual Meeting Remarks, 1/12/05

01 / 12 / 2005

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Bob Brady, Chairman and CEO resumes:
Thanks Mark.
Next up is John Scannell, the 7E7 Program Director. We have a lot of Buffalo boys in our management group, but John is not a Buffalo boy. He was born in Dublin, and raised in Ireland, is a graduate of the University College at Cork, where he earned both Bachelors and Masters Degrees in Electrical Engineering.

As you know, we have a Company in Cork and, in 1990, we hired John as an Engineering Manager in that Company. He had been working previously for Philips in the Netherlands in their Center for Manufacturing Technology. In '94, we asked John to move to our German Company. He spent three years there as an Operations Manager. At that time, and still today, our German Company is the principal production center for industrial servovalves. In '97, John came to the U. S. to get an M.B.A. at Harvard. He then went back to Ireland to manage our Company there and to take responsibility for all of our industrial electric drive product lines. A little over a year ago, we persuaded John to move to the U. S. and become part of the management team in the Aircraft Group. Here's John.

John Scannell, 7E7 Program Director

The 7E7 Dreamliner is the next generation of Boeing commercial aircraft. It will replace the present Boeing 757 and 767 models, and compete with the Airbus A330 and A340 models. It is planned to be the first in a whole new family of aircraft from Boeing over the coming decades.

Redefining the Passenger Experience

Boeing’s objective with this all-new airplane is to deliver a super-efficient airplane for the airlines, by exploiting a series of new technologies including more electric systems, composite structure, and special engines. In parallel, Boeing is seeking to redefine the flying experience for the passengers by providing more interior space, larger windows, and higher levels of humidity. There will be three configurations, carrying between 217 and 289 passengers up to a distance of 8,500 nautical miles.

In May 2004, Moog won two major contracts for the 7E7. The larger contract was for the primary flight control actuation system, shown in this slide. We also won, through our partnership with Smith’s Aerospace, a UK-based company, a contract to supply sub-systems for the high lift flight control system.

The Primary Flight Control Actuators control the surfaces on an airplane which are essential for flight. Examples include the rudder and elevators on the tail, and the ailerons on the wings.

On the 7E7, as with all airplanes, weight is the enemy. The lower the weight, the better the fuel efficiency. Moog is introducing two exciting new technologies to Boeing Commercial on the 7E7, which contribute directly to the goal of delivering a more efficient airplane. First our hydraulic actuators will operate at higher pressures than on previous airplanes, allowing us to deliver smaller and lighter actuators. Secondly, we are providing electronic controls mounted directly on the actuators to reduce the wiring in the airplane.

Boeing is also using the 7E7 to test several new technologies for future airplane programs. As part of this new technology initiative, we’re providing electromechanical actuators on some flight-critical surfaces to replace the traditional hydraulic actuators.

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