STRATS

STRATS is a global provider of advanced engineering and technology solutions. The company operates through two primary business segments: Aerospace & Defense, and Industrial Technologies. In the Aerospace & Defense segment, STRATS designs, manufactures, and integrates complex systems for military and commercial aircraft, as well as space applications. Key offerings include specialized avionics, flight control systems, and secure communication platforms. This segment serves government agencies, prime contractors, and commercial aerospace manufacturers worldwide. The Industrial Technologies segment focuses on developing and delivering innovative solutions for various industrial sectors. This includes automation and control systems for manufacturing processes, precision instrumentation for critical applications, and advanced materials for high-performance products. This segment caters to clients in automotive, energy, and general manufacturing industries. STRATS maintains a significant global presence, with operations and customer bases across North America, Europe, and Asia. As of December 31, 2023, the company employed approximately 12,500 individuals across its various facilities. The company generated total revenues of $3.2 billion for the fiscal year ended December 31, 2023, with the Aerospace & Defense segment contributing 60% of total revenues and the Industrial Technologies segment contributing 40%.