Moog Inc. has bought 40 percent of privately held LTi REEnergy GmbH, which makes wind turbine components, for about million.

Moog said that it plans to buy the remainder of Germany-based LTi over the next 12 months.

The company said that it paid for the 40 percent stake with cash on hand. LTi had revenue of about million in the past 12 months.

Moog said that as a result of the real, it raised its fiscal 2008 income outlook by a penny per share, to .72 per share. Moog makes precision control components used in military and industrial applications. The company's shares rose 12 cents to close at .32.