Property, Plant And Equipment

12 Months Ended

Sep. 27, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consists of:


	September 27, 2025		September 28, 2024
Land	$	33,872	$	32,270
Buildings and improvements	737,053		698,333
Machinery and equipment	981,157		901,643
Computer equipment and software	253,924		237,604
Property, plant and equipment, at cost	2,006,006		1,869,850
Less accumulated depreciation and amortization	(986,100)		(941,262)
Property, plant and equipment, net	$	1,019,906	$	928,588

In 2025, we recorded $2,374 of impairment charges on property and equipment on owned assets that experienced a decline in value, based on expected cash flows over the remaining life of the assets in relation to a decline in the related business in our Industrial segment. In 2024, we recorded $806 of impairment charges on equipment no longer in use. In 2023, we recorded $5,301 of impairment charges on property and equipment on owned assets that experienced a decline in value, based on expected cash flows over the remaining life of the assets in relation to a decline in the related business in our Industrial segment and from the retirement of a program in our Military Aircraft segment.

In 2025, we received $2,222 in cash from the US Department of Defense for production equipment to be used on existing contracts and for the construction of a training facility. A total of $1,105 has been recorded as a reduction of property, plant and equipment in 2025 when the expenditures took place and the remaining $1,117 is recorded as an accrued liability on the Consolidated Balance Sheets and will be offset against the capital expenditures when they are incurred.

In 2024, we received $6,243 in cash from NYS for capital expenditures in relation to the remediation of a brownfield at our East Aurora facilities. The credit was recorded as a reduction of property, plant and equipment in 2020 when the expenditures were made and the requirements of the tax credit were fulfilled.

MOOG INC. 10-K