ESCO Technologies completes $550M acquisition of Ultra Maritime's SM&P business

ESCO TECHNOLOGIES INC

Purchase price of $550M in cash; funded by cash on hand and debt financings.
SM&P provides signature management and power solutions for US/UK naval defense; added to A&D segment.
Previously issued FY2025 guidance does not include acquisition; updated guidance on May 7 Q2 earnings call.
Acquisition expands ESCO's Navy business into UK and AUKUS platforms; sole-source product offerings.

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