What Happened
Aerospace Company Expands Into Defense Sector With Strategic Acquisition
TTM has made a significant move into the defense sector with its $1.1 billion acquisition of Epiq, a company specializing in defense radio frequency technology. The deal is expected to boost TTM’s capabilities in the defense sector and may have significant implications for the industry. According to Aviation Week, the acquisition is a strategic move by TTM to expand its presence in the defense market.