TTM Technologies Business Summary

TTM Technologies, Inc. (TTMI) is a leading global manufacturer of technologically advanced printed circuit boards (PCBs), radio frequency (RF) components, and microelectronic assemblies. The company generates revenue through the high-volume production and sale of these mission-critical components, as well as value-added services including RF design, PCB layout, simulation, and testing. TTM operates through three primary business segments: Aerospace & Defense (A&D), which serves national security and defense programs; Commercial, focusing on data center computing, automotive, and medical markets; and RF&S Components, providing specialized microwave and microelectronic solutions. TTM competes directly with major electronic manufacturing services (EMS) providers such as Flex Ltd., Sanmina Corporation, Jabil Inc., and Benchmark Electronics, positioning itself as a high-margin specialist in high-density interconnect (HDI) and ultra-HDI technologies essential for generative AI infrastructure and advanced radar systems. Founded in 1998, TTM is currently led by President and CEO Edwin Roks, Ph.D., who joined in September 2025 following a distinguished tenure as CEO of Teledyne Technologies and executive roles at Philips Semiconductor. The leadership team includes Executive Vice President and CFO Daniel L. Boehle and EVP and COO James P. Walsh, who oversees global operations and strategic manufacturing expansions in Syracuse and Penang. The company’s Board of Directors is chaired by Rex D. Geveden, President and CEO of BWX Technologies and former Associate Administrator of NASA. Notable board members include Ryan D. McCarthy, the 24th Secretary of the Army, and Daniel G. Korte, a former senior executive at Boeing and PPG Industries, reflecting the company's deep strategic alignment with the aerospace and defense sectors.