Everyone appreciates the tremendous pace of advancement in computers and computer software. Just as computers have revolutionized information technology, they have also revolutionized controls in aircraft, satellites and industrial machinery. This phenomenon works in Moog Inc., Industrial's favor. Their principal product lines are servoactuators that take the information generated by computers and then make something happen. The inputs to their products are the tiny electrical signals emanating from the control computers. Advancements in computer technology enhance the capabilities of their products and their relevance in today's industrial society. The Industrial segment provides more than one-third of their revenues and is their most diverse in terms of geography, customers, and applications. This part of their business generated sales of $267 million in ’03, up nearly 6%. Moog began selling its Industrial products overseas nearly forty years ago. Today, they have facilities in twenty-four countries around the world. The extent of their geographic reach has brought them valuable exposure to new customers and has resulted in dozens of unique markets ranging from saw mills to bottle-labeling equipment to valves for all the Formula 1 teams in Europe. Among the dozens of markets that they serve, there are four that add up to nearly half of the total revenues. These are controls for plastic making machines, defense control systems, metal forming equipment, and turbines. The drivers for these major product lines in all of their different geographies are as diverse as the segment itself.