TTM Technologies

TTM Technologies Competitive Intelligence & Landscape

ttm.com ·

Overview

TTM Technologies Overview

TTM Technologies, Inc. (ttm.com) is a global leader in the manufacturing of advanced technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and technologically advanced printed circuit boards (“PCBs”) and substrates [source], [source]. The company's name, TTM, signifies its commitment to "time-to-market," reflecting its ability to offer time-critical, one-stop design, engineering, and manufacturing services that help customers accelerate product development and market entry [source], [source].

TTM Technologies was incorporated in 1998, with significant growth following the merger of Pacific Circuits and Power Circuits in 1999 and a subsequent Initial Public Offering (IPO) on NASDAQ [source]. Headquartered at 200 East Sandpointe, Suite 400, Santa Ana, California, 92707, the company operates with a global presence [source].

TTM Technologies serves a diversified customer base across various industries with rapid product introduction cycles. Key markets include aerospace & defense, commercial space, automotive, data center computing, industrial & instrumentation, medical, networking, and 5G/6G applications [source], [source]. The company offers a wide array of solutions such as conventional, HDI, flex/rigid-flex, RF/microwave, and thermal management PCBs, along with RF and specialty components like Xinger® components, transceivers, and resistive components [source].

TTM Technologies boasts approximately 18,000 employees globally, all contributing to its operations, from equipment operators to the CEO [source]. The company's portfolio also includes integrated RF and microwave assemblies, microelectronics, custom power supply solutions, and mission systems such as communications and radar systems [source]. Its comprehensive capabilities and global reach solidify its position as a vital partner for advanced technology solutions.

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Competitors

TTM Technologies Competitors

TTM Technologies (ttm.com) faces competition from several key players in the advanced printed circuit board (PCB) and radio frequency (RF) components manufacturing industry. One prominent competitor is Jabil, which specializes in manufacturing services. While both companies operate in the electronics manufacturing space, Jabil's broader manufacturing services might offer a different scale or specialization compared to TTM Technologies' focus on advanced PCBs and RF components [distillintelligence.com].

Flex is another significant competitor to TTM Technologies, also offering extensive manufacturing services. Comparably.com places Flex as a close second in overall culture score behind TTM Technologies, indicating a strong presence and competitive employee environment [comparably.com]. This suggests that while TTM Technologies may lead in specific product niches, Flex offers a comprehensive alternative in the broader electronics manufacturing market.

Sanmina Corporation is a direct competitor in the electronics manufacturing services (EMS) sector. A competitive analysis from KoalaGains.com positions Sanmina alongside TTM Technologies, highlighting its role in the EMS industry [koalagains.com]. Like Flex and Jabil, Sanmina's extensive manufacturing capabilities may present a broader offering than TTM Technologies' specialized focus, appealing to customers seeking full-suite manufacturing solutions.

Companies like Benchmark Electronics and Plexus are also frequently compared to TTM Technologies. MarketBeat.com lists both Benchmark Electronics and Plexus as similar companies based on industry, sector, and business model [marketbeat.com]. These competitors, operating in the EMS and electronics manufacturing services, vie for market share by emphasizing technical capabilities, pricing, service, support, reliability, and quality production, which are critical factors for customers in this fragmented and competitive industry [csimarket.com].

Product & Pricing

TTM Technologies Product and Pricing Intelligence

TTM Technologies (ttm.com) is a global manufacturer of advanced technology solutions, primarily specializing in Printed Circuit Boards (PCBs) and Radio Frequency (RF) components and assemblies. While TTM Technologies provides a wide array of products and services, including conventional, HDI, flexible, rigid-flex, and RF/Microwave PCBs, along with RF and specialty components like Xinger® components, transceivers, and resistive components, explicit details regarding current pricing plans, tiers, free versus paid features, or recent pricing changes are not publicly disclosed on their website.

TTM Technologies offers a comprehensive suite of solutions, encompassing custom and standard Multi-Chip Modules (MCMs), custom mixed-signal ASICs, and various mission, communications, radar, and surveillance systems. They also provide system integration services, including backplane and system integration for critical markets such as communications, military, aerospace, automotive, industrial, and medical. The company's focus on "time-to-market" (TTM) underscores their commitment to efficient design, engineering, and manufacturing services to help customers expedite new product development.

Their diverse offerings include high-performance, radiation-hardened, and space-qualified microelectronics, power management products, and high-temperature solutions.

TTM Technologies caters to a broad range of markets including Aerospace & Defense, Commercial Space, Automotive, Data Center Computing, Industrial & Instrumentation, Medical, Networking, and 5G/6G applications. The complex and customized nature of these advanced technology products and integrated solutions typically involves bespoke pricing based on project scope, volume, and specific technical requirements, rather than standardized pricing plans.

Hiring & Layoffs

TTM Technologies Hiring and Layoffs

TTM Technologies (ttm.com) is actively engaged in hiring across various crucial areas, with a clear emphasis on growth and innovation. The company highlights its commitment to "inspired careers" and invites individuals to view opportunities to achieve their career goals [http://www.ttm.com/en/join-ttm]. There is a continuous call for talent in North America and Asia Pacific, with TTM emphasizing that its people are the determinant of its success [http://www.ttm.com/en/careers/join-ttm-north-america][http://www.ttm.com/en/join-ttm/join-ttm-asia-pacific].

Notable job openings and hiring trends at TTM Technologies frequently include roles in Engineering, Operations & Manufacturing, and Internships [http://www.ttm.com/en/careers/join-ttm-north-america]. The company specifically targets early career professionals and offers internships designed to make a lasting impact, preparing individuals for rewarding careers with a global technology leader [http://www.ttm.com/en/careers/join-ttm-north-america/early-careers-at-ttm][https://www.ttm.com/en/join-ttm/join-ttm-north-america/internships]. For instance, the Syracuse location, a key facility for RF solutions and integrated assemblies for aerospace, defense, and space applications, is actively hiring [http://www.ttm.com/en/join-ttm/join-ttm-north-america/ttm-syracuse-wireless].

TTM Technologies' hiring patterns signal a strategic focus on expanding its capabilities in advanced technology products. By seeking talent in mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and advanced interconnect products like PCBs, the company is reinforcing its position as a global pioneer [http://www.ttm.com/en/join-ttm]. The emphasis on innovation and shaping the future across diverse industries, from medical tech to automotive safety, indicates a proactive approach to evolving market demands [http://www.ttm.com/en/careers/join-ttm-north-america/early-careers-at-ttm].

While specific details on layoffs are not provided in the given sources, the overwhelming focus is on recruitment and career development. The company's "All Open Jobs" portal serves as the primary gateway for interested candidates to explore opportunities [http://www.ttm.com/en/join-ttm/search-all-opportunities]. This consistent push for new talent, particularly in critical engineering and manufacturing roles, underscores TTM Technologies' commitment to growth and its strategic investment in human capital to drive future innovation and success.

Leadership

TTM Technologies Management and Leadership Team

TTM Technologies (ttm.com) is led by a strong executive team and an experienced board of directors. The current President and Chief Executive Officer is Edwin Roks, Ph.D., who joined the company in September 2025 and also serves as a Class II Director [https://investors.ttm.com/company-information/executive-team]. Prior to his role at TTM Technologies, Dr. Roks was the CEO of Teledyne Technologies Incorporated [https://www.ttm.com/index.php/en/about-ttm/corporate-structure]. Daniel L. Boehle holds the position of Executive Vice President and Chief Financial Officer [https://investors.ttm.com/company-information/executive-team].

The executive leadership team also includes key figures such as Doug Soder, President of the Commercial Sector; Jim Walsh, President of the Aerospace & Defense Sector; Shawn Powers, Chief Human Resources Officer; and Dan Weber, President of Integrated Electronic Solutions [https://www.ttm.com/sites/default/files/documents/TTM_Org_Chart_20250624.pdf]. Thomas Clapprood serves as President of the Interconnect Solutions Business Unit [https://www.ttm.com/sites/default/files/documents/TTM_Org_Chart_20250624.pdf].

The TTM Technologies Board of Directors is chaired by Rex D. Geveden, who was nominated in February 2018 and became Chairman in May 2021 [https://investors.ttm.com/corporate-governance]. Other board members include Wajid Ali, Julie S. England, Philip G. Franklin, Pamela B. Jackson, Daniel G. Korte, Chantel E. Lenard, Ryan D. McCarthy, and Edwin Roks [https://investors.ttm.com/corporate-governance].

Financials

TTM Technologies Financial Performance, Fundraising, M&A

In terms of financial performance, TTM Technologies (ttm.com) reported robust net sales of $846 million for the first quarter of 2026, marking a 30% increase year-over-year and exceeding their guided range. For the fourth quarter and fiscal year 2025, the company recorded net sales of $774.3 million. The company's financial information, including income statements and balance sheets, is publicly accessible through their investor relations portal [investors.ttm.com].

TTM Technologies demonstrated strong financial health in Q1 2026, with a GAAP EPS of $0.47 and a non-GAAP EPS of $0.75, surpassing their projected range. Cash flow from operations stood at $21.7 million, representing 2.6% of net sales, and the company maintained a healthy book-to-bill ratio of 1.41. Their Aerospace & Defense program backlog reached $1.6 billion, indicating strong future demand.

Looking ahead, TTM Technologies forecasts net sales for Q2 2026 to be between $930 million and $980 million, with an anticipated non-GAAP EPS in the range of $0.64 to $0.70 [investors.ttm.com]. The aggregate market value of Common Stock held by non-affiliates was reported as $4,165,937,635 as of June 30, 2025 [investors.ttm.com/sec-filings/all-sec-filings/content/0001193125-26-051976/ttmi-20251229.htm].

In terms of fundraising and M&A activity, TTM Technologies secured a new $1.0 billion cash flow senior secured revolver in June 2026, alongside a repriced and upsized facility, enhancing their financial flexibility and capacity for future strategic initiatives [investors.ttm.com/news-events/press-releases/detail/404/ttm-technologies-inc-announces-new-1-0-billion-cash-flow]. The company's annual reports and SEC filings provide further details on their financial condition and results of operations [investors.ttm.com/sec-filings/all-sec-filings/content/0001193125-26-051976/0001193125-26-051976.pdf].

Partnerships

TTM Technologies Partnerships, Clients and Vendors

TTM Technologies (ttm.com) fosters strong relationships with key clients and partners across various high-growth markets. Notably, they have secured multi-year agreements with Raytheon, an RTX business, to supply components for advanced radar systems, including a potential $200 million contract for LTAMDS radar components and an agreement for SPY-6 radar components [source] [source]. The company also received recognition as a "Partner-level Supplier" from John Deere in 2016, signifying the highest supplier rating [source]. Furthermore, TTM Technologies was awarded a contract from the U.S. Army for AN/UPR-4(V) PDRS within its Aerospace & Defense sector [source].

TTM Technologies is recognized as a trusted partner by industry-leading brands, delivering innovative electronics to market through its advanced technology and interconnect products, including printed circuit boards (PCBs) and RF solutions [source]. Their broad customer base spans across diverse sectors such as aerospace & defense, automotive, data center computing, industrial & instrumentation, medical, networking, and 5G/6G applications [source].

Beyond direct client relationships, TTM Technologies engages in collaborative efforts, as seen in their work on developing Full Display Mirrors for Automotive Applications, highlighting their involvement in advanced driver assistance systems (ADAS) [source]. In 2024, TTM Technologies was honored with the Cisco Supply Chain Security Champion Award, indicating their strong vendor relationships and commitment to supply chain integrity [source].

TTM Technologies provides comprehensive system integration services, offering a one-stop solution from complex PCB manufacturing to full system integration and testing for critical markets. This includes capabilities in back panel assembly, card cages, racks, chassis, cooling, and power solutions, demonstrating their holistic approach to client needs and ecosystem integration [source]. They also position themselves as a key player in addressing supply chain challenges for industrial automation clients [source].

Events

TTM Technologies Event Participations

TTM Technologies actively participates in a variety of events, including tradeshows, technical seminars, webinars, and keynote addresses, all aimed at providing professional development and networking opportunities. Through the TTM Tech Academy, the company offers online training and industry events, benefiting thousands of customers with expertise from its global team of engineers [https://www.ttm.com/en/ttm-tech-academy/events].

The company maintains a robust investor relations calendar, which includes both past and upcoming events. This calendar features significant corporate events such as the Annual Meeting of Stockholders, Investor Days (e.g., TTM Technologies, Inc. 2026 Investor Day [https://investors.ttm.com/news-events/ir-calendar/detail/20260527-ttm-technologies-inc-2026-investor-day]), and quarterly earnings conference calls [https://investors.ttm.com/news-events/ir-calendar/past].

TTM Technologies management frequently attends and presents at investor conferences. Examples of past participations include the Needham Growth Conference [https://investors.ttm.com/news-events/ir-calendar/detail/20260113-needham-growth-conference], UBS Global Technology and AI Conference, B. Riley Consumer and TMT Conference, Evercore ISI Semiconductor, IT Hardware & Networking Conference, and the Jefferies Semiconductor, IT Hardware & Communications Technology Conference [https://investors.ttm.com/news-events/ir-calendar/past]. The company's leadership, including its President and CEO, and Chief Financial Officer, have attended these events to discuss company performance and strategy [https://investors.ttm.com/news-events/press-releases/detail/395/ttm-technologies-inc-announces-upcoming-conference].

Beyond investor-focused events, TTM Technologies also exhibits at industry-specific tradeshows. For instance, they plan to exhibit at Electronica India 2025 Exhibition [https://investors.ttm.com/news-events/press-releases/detail/389/ttm-technologies-inc-to-exhibit-at-the-electronica-india] and have a confirmed presence at Sea Air Space 2026 [https://www.ttm.com/en/ttm-tech-academy/events/tradeshows/sea-air-space-2026]. These events provide opportunities for the company to connect with customers and showcase their advanced technology solutions.

Frequently Asked Questions

What strategic areas is TTM Technologies prioritizing based on its recent hiring trends?

TTM Technologies is strategically prioritizing growth and innovation, particularly in advanced technology products. The company is actively recruiting in engineering, operations & manufacturing, and internships, specifically targeting talent in mission systems, RF components, RF microwave/microelectronic assemblies, and advanced interconnect products like PCBs. This focus aims to reinforce its position as a global pioneer across diverse industries such.

What do TTM Technologies' recent financial results indicate about its market position and growth trajectory?

TTM Technologies' Q1 2026 financial results indicate a strong market position and positive growth trajectory, with net sales of $846 million, a 30% increase year-over-year, and a GAAP EPS of $0.47, exceeding guidance. The company's Aerospace & Defense program backlog of $1.6 billion and a book-to-bill ratio of 1.41 suggest robust future demand, reinforcing its financial health and market standing.

What is the strategic significance of TTM Technologies' participation in investor conferences and industry tradeshows?

TTM Technologies' active participation in investor conferences like Needham Growth and Jefferies Semiconductor, alongside industry tradeshows such as Electronica India 2025 and Sea Air Space 2026, is strategically significant for investor relations and market engagement. These events allow leadership to discuss performance and strategy, attract investment, and showcase advanced technology solutions to potential customers and partners, driving both financial and market visibility.

What does TTM Technologies' multi-year agreement with Raytheon for radar components signal about its strategic focus?

TTM Technologies' multi-year agreements with Raytheon, an RTX business, for advanced radar system components, including potential contracts up to $200 million for LTAMDS and SPY-6 radar components, signals a strong strategic focus on the Aerospace & Defense sector. These partnerships highlight TTM's role as a critical supplier of specialized technology for national defense applications, securing long-term revenue streams and affirming its expertise in high-reliability components.

How does TTM Technologies' 'time-to-market' (TTM) strategy influence its customer value proposition?

TTM Technologies' 'time-to-market' (TTM) strategy emphasizes its commitment to efficient design, engineering, and manufacturing services. This approach offers customers a critical advantage by accelerating product development and market entry, positioning TTM as a partner capable of delivering time-sensitive, one-stop solutions for advanced technology products across various industries.

What insights can be gained from the composition of TTM Technologies' Board of Directors regarding its governance and strategic direction?

The composition of TTM Technologies' Board of Directors, chaired by Rex D. Geveden and including Edwin Roks (President and CEO), alongside other independent members, indicates a focus on diverse expertise and robust corporate governance. This structure likely supports strategic decisions related to advanced technology, operational efficiency, and market expansion, reflecting a blend of internal leadership and external oversight.

What financial flexibility does TTM Technologies have following its recent $1.0 billion secured revolver?

TTM Technologies gained significant financial flexibility with its new $1.0 billion cash flow senior secured revolver in June 2026. This, combined with a repriced and upsized facility, enhances its capacity for future strategic initiatives, including potential M&A activities or further investments in R&D and operational expansion.

How does TTM Technologies differentiate itself from competitors like Jabil and Flex in the electronics manufacturing services market?

TTM Technologies differentiates itself in the electronics manufacturing services market through a specialized focus on advanced technology products, including mission systems, RF components, and technologically advanced PCBs. While competitors like Jabil and Flex offer broader manufacturing services, TTM emphasizes its time-to-market capabilities and expertise in specific high-reliability, complex interconnect solutions for sectors like aerospace & defense and 5G/6G applications.

What does the 2024 Cisco Supply Chain Security Champion Award suggest about TTM Technologies' operational strengths?

The 2024 Cisco Supply Chain Security Champion Award suggests TTM Technologies possesses strong operational strengths in supply chain integrity and vendor relationships. This recognition indicates the company's commitment to secure and reliable supply chain practices, which is critical for customers in high-stakes industries like aerospace & defense, medical, and data center computing.

What is the significance of TTM Technologies' offering of system integration services for its overall market strategy?

TTM Technologies' offering of comprehensive system integration services, from complex PCB manufacturing to full system testing, is significant for its market strategy as it provides a one-stop solution for critical markets. This holistic approach, encompassing back panel assembly, card cages, and power solutions, allows TTM to deliver complete solutions and address clients' broader ecosystem needs, reinforcing its position as a strategic partner beyond just component manufacturing.

What specific technological capabilities does TTM Technologies emphasize in its product portfolio for high-growth markets?

TTM Technologies emphasizes high-performance, radiation-hardened, and space-qualified microelectronics, power management products, and high-temperature solutions within its product portfolio. These capabilities are crucial for serving high-growth markets such as aerospace & defense, commercial space, automotive, and 5G/6G applications, where advanced technology and extreme reliability are paramount.

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