Company Research Report: TTM Technologies, Inc.

Company Overview

Name: TTM Technologies, Inc.

Mission: Provide customers with market-leading, differentiated solutions and an extraordinary customer experience.

Foundation: TTM Technologies was incorporated in 1998.

Founders: The company initially formed through the merger of Pacific Circuits and Power Circuits.

Key People:

Thomas T. Edman: President and Chief Executive Officer

Dan Boehle: Executive Vice President and Chief Financial Officer

Catherine Gridley: Executive Vice President and President, Aerospace & Defense (A&D) Sector

Douglas L. Soder: Executive Vice President and President, Commercial Sector

Headquarters: 200 East Sandpointe Ave., Suite 400, Santa Ana, CA 92707, United States.

Number of Employees: Approximately 15,000.

Revenue: No specific revenue information is available.

Known For: Leading global manufacturer of technology solutions including mission systems, RF components, RF microwave/microelectronic assemblies, and advanced PCBs.

Products

Products Offered:

Printed Circuit Boards (PCBs): Advanced PCBs supporting a wide range of industries.

RF and Microwave Solutions: Including RF components and microelectronic assemblies.

Mission Systems: Providing support for Aerospace and Defense.

High-Level Description:

TTM Technologies specializes in time-critical, one-stop manufacturing services that help accelerate the development and market introduction of new products.

Key Features:

FLAT WRAP™ Technology: Improved reliability and reduced copper thickness for advanced PCB designs.

Xinger® Transformers: Ultra-wide band balun transformers for efficient signal conversion.

Recent Developments

New Products Launched:

Xinger® Ultra Wide Band Balun Transformers: Launched in September 2024, designed for efficient signal conversion across diverse end markets.

Xinger® High-Performance 50W Directional and Hybrid Couplers: Released in May 2024, suitable for military and aerospace applications.

New Features Added:

Continuous enhancement of PCB and RF component features to meet evolving technological demands.

Recent Partnerships:

Acquisition of Telephonics in 2022 to expand TTM's offerings in radar, IFF, and communications solutions in the Aerospace & Defense sector.

Strategic Initiatives

Transformation Strategy:

Focus on differentiation through engineering depth, technology breadth, and global footprint.

Diversifying end markets away from cyclical consumer segments towards Aerospace, Defense, Medical, and Data Center Computing.

Invested in new regions such as Penang, Malaysia for diversification.

Sustainability Practices:

Commitment to sustainable operations, highlighted by initiatives like ISO 14001 certifications and a global Safety Observation Reporting (SOR) program.

Conclusion

TTM Technologies, Inc. stands as a leader in providing advanced technology solutions for a wide range of industries. With a focus on time-to-market services, TTM continues to innovate with new product developments and strategic acquisitions to solidify its position in high-growth markets like Aerospace & Defense and RF/microwave applications.