ITT signs deal to buy Aerospace Contacts for $31 million

ITT, Inc.

ITT, Inc.

ITT

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  • ITT agreed to buy privately held Aerospace Contacts for USD 31 million.
  • Aerospace Contacts makes high-reliability precision contacts used in connectors for aerospace and defense customers.
  • Deal aims to strengthen supply-chain resilience for ITT Cannon within Connect & Control Technologies.
  • Aerospace Contacts was founded in 1999, employs about 140 people, operates a manufacturing site in Gilbert, Arizona.
  • Closing is expected in the third quarter of 2026, subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ITT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260615979196) on June 16, 2026, and is solely responsible for the information contained therein.

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