ITT Signs Agreement to Acquire Aerospace Contacts for $31M
ITT announced the signing of a definitive agreement to acquire the privately held Aerospace Contacts, a manufacturer of highly engineered contact systems and interconnect components, for a purchase price of $31M. Founded in 1999, Aerospace Contacts employs approximately 140 highly technical professionals from their manufacturing facility in Gilbert, Arizona. The acquisition is expected to close during the third quarter of 2026, subject to the satisfaction of customary closing conditions.
