TTM TECHNOLOGIES INC

Overview

TTM Technologies, Inc. is a global electronics manufacturer specializing in printed circuit boards (PCBs), substrates, RF components and assemblies, and mission systems. It also provides design, engineering, and manufacturing services, serving aerospace and defense, automotive, data center and networking, medical, industrial, and instrumentation markets. The company’s stated focus is helping customers shorten the time required to develop and bring products to market, reflected in its name, “time-to-market.” [1]+2

TTM reported approximately $2.9 billion in FY2025 net sales and approximately 18,200 employees worldwide at year-end. Its global operations included 24 specialized facilities in North America and Asia.[4] [1]+4

Products & services

TTM Technologies’ products include conventional multilayer, high-density interconnect (HDI), ultra-HDI, substrate-like PCB (SLP), flexible and rigid-flex printed circuit boards, IC substrates, and custom assemblies. The company describes HDI microvias of 0.15 mm or less and line widths/spaces of 0.075 mm or less; SLP line widths/spaces are 0.02 mm or less. Flexible and rigid-flex boards combine flexible and rigid sections for compact, space-constrained applications.[5]+3

Its RF and microwave offerings include components and assemblies, passive and ceramic RF components, multi-chip modules, beamforming and switching networks, and engineered systems. Applications described include radar, antenna systems, avionics, satellites, telecommunications, networking, instrumentation, and automotive electronics. TTM also makes multi-mode surveillance and weather-avoidance radar systems for aircraft, unmanned aerial vehicles, and ships; named products include the AN/APS-153 and MOSAIC® AESA radar family.[9]+3

Services include RF engineering, design-for-manufacturability, PCB layout, simulation and testing, prototype development, engineering support, and production from qualification builds through volume manufacturing. The company also provides specialized RF assembly and testing.[9][13]

TTM’s reported sales mix is organized by end market rather than by individual product family; its filings do not provide a percentage breakdown of revenue among PCB types, RF products, radar systems, and services.[14] [5]+9

Geographic presence

TTM Technologies’ manufacturing footprint is concentrated in the United States, with additional plants in China, Malaysia and Canada. Its FY2025 reporting lists 13 U.S. plants serving Aerospace & Defense; Commercial operations include 3 U.S., 4 China, 1 Malaysia and 1 Canada plant; and RF&S Components has 1 U.S. and 1 China plant.[15] Named facilities include sites in Toronto and Penang, and in Dongguan, Guangzhou, Huiyang, Suzhou and Zhongshan; Hong Kong is identified as the company’s Asia headquarters.[16]

For FY2025, sales by customer invoicing location were $1.554 billion in the United States (53.5%), $257 million in Taiwan (8.8%) and $1.095 billion in other locations (37.7%). The company reports selling products in about 60 countries; the United States was the only country accounting for more than 10% of sales that year.[17][18] At year-end FY2025, long-lived assets were $876 million in the United States, $733 million in China and $227 million in other locations.[19] [15]+4

Business segments

TTM Technologies currently reports two business segments: **A&D** and **Commercial**. A&D includes PCBs, value-added assemblies, microelectronics, RF/microwave components and assemblies, integrated mission systems, and commercial off-the-shelf components, serving aerospace and defense missions as well as selected commercial markets. Commercial consists of PCBs serving automotive, data center and networking, and medical, industrial, and instrumentation markets.[20]

In FY2025, before the segment realignment, TTM reported A&D sales of $1,281.5 million (about 44.1% of consolidated sales), Commercial sales of $1,584.9 million (about 54.5%), and RF&S Components sales of $40.0 million (about 1.4%).[21] In the two quarters ended June 29, 2026, the current two-segment presentation showed A&D sales of $733.8 million (about 39.7%) and Commercial sales of $1,116.2 million (about 60.3%).[22] RF&S Components was realigned within A&D during the first quarter of 2026; TTM reclassified prior-period amounts to reflect the change.[23]

TTM also presents revenue by end market, a separate view from its reportable segments. FY2025 categories were aerospace and defense, automotive, data center computing, medical/industrial/instrumentation, and networking; in 2026, data center computing and networking were combined into Data Center and Networking.[24] [20]+9

Company history

TTM Technologies was incorporated in 1998, and its founder, Kent Alder, led the company through its early growth. Pacific Circuits and Power Circuits merged in 1999, and TTM completed its NASDAQ IPO in 2000. The company expanded its printed-circuit-board operations through the 2002 acquisition of Honeywell Advanced Circuits and the 2006 acquisition of Tyco Printed Circuit Group.[25][26]

In 2014, Alder retired as CEO and was succeeded by then-president Thomas T. Edman. TTM acquired Viasystems in 2015, followed by Anaren in 2018, broadening its scale and adding RF design and manufacturing capabilities. In 2020 it sold its Mobility business unit, and in 2022 it acquired Telephonics, extending its aerospace-and-defense business.[27]+4

TTM announced a new Ultra-HDI printed-circuit-board facility in Syracuse in 2023 and opened its first manufacturing facility in Penang, Malaysia, in 2024. Edwin Roks became president and CEO in September 2025, succeeding Edman. In September 2026, TTM completed its acquisition of Epiq Solutions.[31]+3 [25]+9

Sources

• TTM TECHNOLOGIES INC — Full financial report (2026 Q 2)
  6 citations

  [1][2][20][22][23][24]
• www.ttm.com[3]
• TTM TECHNOLOGIES INC — Full financial report (2025 Y)
  16 citations

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• investors.ttm.com[14]
• www.ttm.com[25]
• investors.ttm.com[26]
• investors.ttm.com[27]
• investors.ttm.com[28]
• investors.ttm.com[29]
• www.telephonics.com[30]
• investors.ttm.com[31]
• investors.ttm.com[32]
• investors.ttm.com[33]
• investors.ttm.com[34]