APFC, American Pacific Corp. APFC reported that it has reached agreement to divest its Aerospace Equipment segment, also known as its In-Space Propulsion business, to Moog Inc.. The purchase price is approximately $46 million in cash. The In-Space Propulsion business, with locations in New York, California, Ireland and the United Kingdom, is a developer and manufacturer of liquid propulsion systems and components for satellites and missile defense systems. APFC is a leading custom manufacture