Moog Completes Acquisition of SureFly eVTOL Aircraft from Workhorse

Moog announced on December 4 that it has completed its acquisition of Workhorse’s SureFly electric vertical takeoff and landing (eVTOL) program for $4 million. Workhorse and Moog also have established a 50:50 joint venture to complete development of the HorseFly unmanned cargo delivery drone.