ITT Inc. today announced the signing of a definitive agreement to acquire the privately held Aerospace Contacts LLC (Aerospace Contacts), a leading manufacturer of highly engineered contact systems and interconnect components, for a purchase price of $31 million.

Aerospace Contacts is a leading specialist in the manufacture of critical, high-reliability precision contacts used in connectors for the aerospace and defence market and is a long-standing supplier of ITT Cannon in Connect & Control Technologies (CCT). The pending acquisition will strengthen both companies' supply chain resilience while positioning ITT for further growth in this highly strategic market.

Founded in 1999, Aerospace Contacts employs approximately 140 highly technical professionals from their manufacturing facility in Gilbert, Arizona.

"Aerospace Contacts reflects our ongoing commitment to executing strategic acquisitions that strengthen ITT's businesses and overall portfolio," said Luca Savi, ITT's Chief Executive Officer and President. "We are pleased to welcome Aerospace Contacts to ITT. The company's customer-focused operations, underpinned by quality and speed-to-market, will enhance our ability to support aerospace and defence customers in CCT."

The acquisition is expected to close during the third quarter of 2026, subject to the satisfaction of customary closing conditions.