• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

ESCO Completes Acquisition of SM&P

By: ESCO Technologies Inc. via GlobeNewswire
April 28, 2025 at 08:30 AM EDT

St. Louis, April 28, 2025 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) today announced that it has completed the acquisition of the Signature Management & Power (SM&P) business of Ultra Maritime for a purchase price of $550 million in cash. SM&P is an established, long-standing provider of mission-critical signature and power management solutions for the US and UK naval defense markets. Their sole source product offerings will add significant scale to ESCO’s Navy businesses, providing increased content on US Navy submarine and surface ship programs and expansion into vital UK and AUKUS navy platforms.

SM&P will become part of ESCO’s Aerospace & Defense (A&D) segment. Their Signature Management and Power Management product lines are highly complementary to ESCO’s current naval programs. Signature Management offers solutions for surface ships and submarines that provide magnetic and electric field countermeasures to prevent underwater mine and sensor detection. Power Management provides innovative and highly-engineered motors that drive critical ship propulsion systems with an ultra-quiet design ensuring low vibration levels to increase stealth capabilities.    

This acquisition supports ESCO’s long-term objective of expanding our leadership positions in our high-growth end-markets. SM&P is well-positioned to benefit from increasing global naval defense spending as the US and its allies upgrade their aging naval defense programs.

Our previously issued FY 2025 guidance does not include the impact of the SM&P acquisition.   Our guidance will be updated to include the FY 2025 impact of SM&P in our Q2 2025 earnings announcement on May 7, 2025.

ESCO is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products, advanced composites, as well as signature and power management solutions for aviation, Navy, space, and industrial customers. ESCO is an industry leader in designing and manufacturing RF test and measurement products and systems; and provides diagnostic instruments, software and services to industrial power users and the electric utility and renewable energy industries. Headquartered in St. Louis, Missouri, ESCO and its subsidiaries have offices and manufacturing facilities worldwide. For more information on ESCO and its subsidiaries, visit ESCO’s website at www.escotechnologies.com.

SOURCE ESCO Technologies Inc.
Kate Lowrey, Vice President of Investor Relations, (314) 213-7277


More News

View More
PEGA Surges 14%: There's Still Time to Ride This GenAI Innovator
July 27, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers FORR PEGA
Retail’s Comeback: 3 High-ROIC Stocks That Could Outshine AI
July 27, 2025
Via MarketBeat
Topics Artificial Intelligence Economy World Trade
Tickers AMZN BBWI BBY LULU
Homebuilding Headwinds Putting These 3 Stocks Under Pressure
July 27, 2025
Via MarketBeat
Topics Government Immigration World Trade
Tickers DHI KBH LEN NVR
Crypto Skeptics Can Still Win Big With These Risk-Limiting ETFs
July 26, 2025
Via MarketBeat
Topics ETFs
Tickers ARKZ COIN FDIG FIS
3 Discounted Steel Stocks You Can DCA Into Today
July 26, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers CLF CMC STLD
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap