2003 ANNUAL REPORT STATEMENT C0NTENT DATA m Moog is a worldwide manufacturer of  precision control components and systems.  MoogGLYPH<213>s high performance actuation products  control military and commercial aircraft,  satellites and space vehicles, launch vehicles,  missiles, and automated industrial machinery. CONTENT RECENT FINANCIAL PERFORMANCE (dollars in millions except per share) Recent Financial Performance 1 Letter to Shareholders 2 Aircraft Controls 4 Space Controls 8 Industrial Controls 12 Components 16 Selected Financial Data 18 Key Investment Considerations 20 Glossary of Terms 22 Directors and Officers 24 Form 10-K 25 Investor Information  60 Equity Market Cap Diluted Earnings Per Share Net Earnings Net Sales 2003 2002 Change $676 $451 $225 $2.76 $2.50 10% $42.7 $37.6 14% $755 $719 5% 1