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Esterline

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manufacturer of seals for the aerospace industry; Kirkhill Rubber, a manufacturer of custom molded engineered elastomers for the aerospace industry; and Advanced Input Devices, a manufacturer of custom keyboards and multifunction data-input subsystems. The company also expanded its European business with acquisitions of Muirhead Vactric and Norcroft Dynamics, two
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Esterline acquired Darchem Holdings, a British manufacturer of thermally engineered aerospace and defense products including ducting systems and heat shields, in 2005. That year, 80% of Esterline's revenue came from the company's aerospace and defense business, up from 17% in 1995. In 2006, Esterline
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By the early 1990s Esterline operated in ten separate industries and the company refocused itself on the defense and aerospace sectors. Esterline also changed chief executives in 1992, with company president and COO Wendell Hurlbut succeeding the retiring Carroll Martenson. Robert Cremin succeeded
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In 1987, after releasing poor financial reports, the Esterline board dismissed the company's entire executive team including then-chief executive officer Thomas Howes. Later that year, Esterline appointed seven new senior officers, all of whom were affiliated with Criton Technologies, an aerospace
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The company began acquiring medical supply and equipment companies in 1969. By the early 1970s, the company held businesses specializing in ophthalmic goods and hearing aids. The company had sold the majority of its healthcare businesses and subsidiaries by 1978 when Esterline sold its hearing aid
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communication headsets to secure telephone networks for use in active battlefields. R. Bradley "Brad" Lawrence succeeded Robert Cremin as Esterline CEO in November of that year. Lawrence had worked at Esterline since 2002, most recently serving as company president and COO since June 2009. Cremin
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Esterline-Angus merged with Boyar-Schultz, Inc., a manufacturer of surface grinding materials, in 1967. The newly merged company was renamed Esterline Corporation. Esterline went public in 1968. Later that year, the company entered the aerospace and defense sectors with its acquisition of Babcock
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From 1997 to 2003, Esterline acquired 22 companies while selling businesses that did not fit the company's new focus. Esterline's acquisitions included Fluid Regulators Corporation, a manufacturer of hydrologic controls for the commercial aviation and defense industries; Kai R. Kuhl Company, a
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The Avionics & Controls segment manufactures avionics equipment and communication systems for both commercial and military applications. The Sensors & Systems segment manufactures connectors, sensors and power management systems, which are primarily used in the aerospace industry. The
322:. The company purchased Leach International in 2004 for $ 145 million. Esterline had been attempting to acquire Leach since 1994 and the deal was Esterline's largest acquisition at the time. Leach was a manufacturer of controls and analytical instruments for aerospace and medical diagnostics. 286:
The new management team reorganized the company and sold underperforming businesses and subsidiaries. In 1989, Esterline purchased DKM's remaining 23% share in the company and Criton Technologies' aerospace and defense businesses for a collective $ 147.5 million. The company was then renamed
349:(ISR) markets with its purchase of Eclipse Electronic Systems, a manufacturer of signal and communication intelligence hardware for aerospace applications in 2011. Later that year, Esterline acquired the Souriau Group, a French aerospace and defense connector company, for $ 715 million. 449: 356:
aircraft systems business. Esterline then acquired Joslyn Sunbank Company, an aerospace connector accessory supplier, a few months later in December 2013. In February 2015, Esterline acquired the defense and aerospace division of the Belgium-based display manufacturer,
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was a publicly traded company that designs, manufactures, and markets specialty products primarily for aerospace and defense customers. The company is best known as a supplier of products and equipment for aerospace companies such as
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Esterline manufactures products for the aerospace, defense and general industry sectors. The company is organized into three segments: Avionics & Controls; Sensors & Systems; and Advanced Materials.
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Esterline is the producer of the well known Korry switches and control devices used in most airliners and flight simulators on the market, including Airbus, Boeing and others.
1476: 636: 1451: 1461: 254:. Esterline originally made magnets and recording devices. The company was renamed the Esterline-Angus Company when Esterline began working with Donald J. Angus. 1382: 346: 1312: 291:
Hurlbut in January 1999. Cremin had served in executive positions for the company for 22 years, and had most recently served as company president and COO.
361:. In February 2017, the company announced a new advanced displays engineering and manufacturing facility in Kortrjik, Belgium called the "Spidle" site. 1481: 1062:
Bert Hill (February 2, 2007). "U.S. aviation firm buys CMC Electronics: Deal gives Esterline new presence in military aircraft cockpit systems".
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In September 2013, Esterline appointed Curtis Reusser to succeed Brad Lawrence as the company's CEO. Reusser had formerly served as president of
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Esterline continued its acquisition push into the defense and aerospace industries throughout the 2000s. In 2002, the company acquired the
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products and thermal components for commercial and military applications; and military ordnance and electronic warfare countermeasures.
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purchased Wallop Defence, a British manufacturer of electronic warfare countermeasures, including flares. The company then acquired
1168: 353: 283:, in order to share its headquarters with Criton Technologies. The company had been located in Darien, Connecticut since 1975. 1274: 1197: 463: 877:
Steve Watkins (March 31, 2005). "Esterline Technologies Bellevue, Washington; Focus On Aerospace, Defense Is Paying Off".
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manufacturing business. After exiting the healthcare sector, Esterline had acquired 20 additional companies by 1986.
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In 2009, Esterline acquired Racal Acoustics, a British manufacturer of combat communications equipment ranging from
505: 1313:"Esterline Finalizes Acquisition of Weston Aerospace; Expands Esterline's Position in High-End Aerospace Sensors" 307: 772: 554: 54: 315: 311: 713:
Kristina Shevory. (July 10, 2004). "Bellevue, Wash.-based aerospace firm makes biggest acquisition yet".
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Justin Boyd Rubber & Plastics News Staff (August 24, 1998). "Esterline to buy Kirkhill Rubber".
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successfully completed the acquisition of Esterline Technologies Corporation (formerly NYSE:ESL).
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Kevin Harlin (April 8, 2008). "Component Maker's Gadgets And Gizmos Keep Airplanes Aloft".
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Sherri Cruz (July 19, 2004). "Aerospace Contractor Leach Being Sold for $ 145 Million".
296: 166: 1346:"Esterline Acquires Palomar Products, Secure Communications Specialists". 6 July 2005. 1445: 1333:"Esterline Acquires Software Engineering Firm Specializing In Aerospace Applications" 272: 45: 1044:"Esterline Acquires Military Flare-Maker Wallop Defence in $ 59 Million Cash Deal". 1149:
Madhu Unnikrishnan (May 6, 2011). "Esterline To Acquire Souriau Group For $ 715M".
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manufacturer. Criton Technologies was wholly owned by Dyson-Kissner-Moran (DKM), a
991:"Esterline Technologies to acquire BAE Systems' EW Passive Expendables Division". 303: 593:
Derek Jacques; Paula Kepos, eds. (2012). "Esterline Technologies Corporation".
1383:"Specialized Fasteners Extend Esterline's Advanced Materials Product Offering" 450:"Esterline Reports Fiscal 2018 Fourth Quarter and Full Year Financial Results" 310:
business. The deal consisted of two facilities, which manufactured anti-radar
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Joseph C. Anselmo (January 5, 2009). "Esterline Snags U.K. milcom provider".
663:"Esterline Technologies balances military cutbacks with commercial business" 378: 230: 26: 960:
KRTBN Knight-Ridder Tribune Business News: The Seattle Times - Washington
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Esterline continued its expansion into the military communications and
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stepped aside to take on the Chairmanship of Dover Corporation.
1407:. Casino Enterprise Management. 5 February 2013. Archived from 1288: 1405:"Esterline Interface Technologies Acquires Gamesman Limited" 912:
KRTBN Knight-Ridder Tribune Business News: The Seattle Times
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and former head of the electrical engineering department at
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Companies formerly listed on the New York Stock Exchange
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Aircraft component manufacturers of the United States
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Esterline was founded in 1906 by John Esterline, an
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Manufacturing companies based in Washington (state)
925:"Esterline acquires Ohio hydraulic controls firm". 191: 177: 165: 155: 139: 129: 119: 109: 97: 89: 78: 64: 43: 33: 508:. United States Securities and Exchange Commission 637:"Racal Acoustics management make £13m from sale" 411:2008 - NMC Aerospace (Nylon Molding Corporation) 814:"Esterline Corp. Picks Seven Senior Officers". 219:; and for American and allied military forces. 1358:"Esterline buys niche manufacturer for $ 120M" 1093: 1091: 588: 586: 584: 582: 580: 578: 576: 574: 572: 334:manufacturer in 2007 for $ 335 million (USD). 1026:"Esterline to Buy Maker of Electrical Gear". 809: 807: 805: 347:intelligence, surveillance and reconnaissance 8: 958:"The Seattle Times Business Digest Column". 910:"The Seattle Times Business Digest Column". 905: 903: 726: 724: 595:International Directory of Company Histories 555:"Titans of Tomorrow: Esterline Technologies" 19: 1472:Manufacturing companies established in 1906 986: 984: 829:"Esterline to Relocate To Bellevue, Wash". 688:"TransDigm acquires Esterline Technologies" 1191: 1189: 1144: 1142: 1126: 1124: 872: 870: 25: 18: 1162: 1160: 1039: 1037: 752: 750: 608: 606: 604: 506:"Esterline Technologies Corporation 10-K" 444: 442: 299:-based manufacturers of aerospace parts. 1477:Technology companies established in 1906 1227:"Esterline CMC Shows Expanded Portfolio" 1220: 1218: 1075: 1073: 377:Advanced Materials segment manufactures 1452:Companies based in Bellevue, Washington 1006: 1004: 1002: 938: 936: 438: 1462:Defense companies of the United States 1057: 1055: 500: 498: 496: 494: 492: 490: 488: 486: 7: 1151:Aerospace Daily & Defense Report 1100:Aviation Week & Space Technology 1082:Aerospace Daily & Defense Report 464:"Esterline Technologies Corporation" 330:, a Canadian aerospace and defense 1198:"Esterline buys Sunbank for $ 45M" 859:"Chicago Bank to Back Esterline". 452:(Press release). 20 November 2018. 429:2015 - Barco Defense and Aerospace 405:2006 - Wallop Defence Systems Ltd. 402:2005 - Darchem Engineering Limited 308:electronic warfare countermeasures 208:Esterline Technologies Corporation 14: 1385:. Aviation Pros. 19 November 2008 1225:Harrison, Kirby (June 15, 2015). 1169:"Esterline names Reusser new CEO" 775:. Case Western Reserve University 635:Rupert Neate (23 December 2008). 354:United Technologies Corporation's 1167:Ben Miller (13 September 2013). 973:"Esterline's Silvermines Deal". 417:2010 - Eclipse Electronic System 1251:Epstein, Curt (June 10, 2015). 1196:Ben Miller (20 December 2013). 892:"Esterline Technologies Corp". 1482:1906 establishments in Indiana 1013:Orange County Business Journal 661:Steve Wilhelm (9 March 2012). 553:Gianni Truzzi (January 2013). 527:Steve Wilhelm (20 July 2012). 1: 1492:2019 mergers and acquisitions 1255:. Aviation International News 399:2005 - Palomar Products, Inc. 1362:Puget Sound Business Journal 1202:Puget Sound Business Journal 1173:Puget Sound Business Journal 773:"The Donald J. Angus Papers" 667:Puget Sound Business Journal 533:Puget Sound Business Journal 408:2007 - CMC Electronics Inc. 393:2003 - AVISTA, Incorporated 1508: 945:Rubber & Plastics News 733:"The Story of Electricity" 396:2004 - Leach International 879:Investor's Business Daily 759:Investor's Business Daily 314:and aircraft-dispensable 24: 320:infrared homing missiles 287:Esterline Technologies. 975:The Wall Street Journal 894:The Wall Street Journal 831:The Wall Street Journal 816:The Wall Street Journal 796:The Wall Street Journal 715:Seattle Times, The (WA) 183:Avionics & Controls 414:2009 - Racal Acoustics 222:Esterline is based in 20:Esterline Technologies 1102:. September 28, 2009. 977:. September 24, 1999. 896:. September 18, 1992. 848:. September 12, 1989. 266:Aerospace and defense 185:Sensors & Systems 83:Indianapolis, Indiana 929:. November 10, 1997. 390:2003 - Weston Group 281:Bellevue, Washington 224:Bellevue, Washington 103:Bellevue, Washington 1411:on 20 December 2014 1277:. 23 February 2017. 993:Military Technology 962:. December 3, 1999. 914:. January 20, 1999. 863:. October 10, 1989. 833:. October 13, 1987. 818:. November 2, 1987. 731:John W. Esterline. 368:Corporate structure 318:designed to thwart 277:Darien, Connecticut 248:electrical engineer 229:On March 14, 2019, 157:Number of employees 135:Curtis Reusser, CEO 111:Number of locations 21: 1135:. January 3, 2011. 1117:. August 15, 2009. 1098:"Esterline Corp". 1064:The Ottawa Citizen 1028:The New York Times 846:The New York Times 844:"Company Briefs". 798:. August 19, 1987. 557:. Seattle Business 469:The New York Times 187:Advanced Materials 1048:. March 27, 2006. 995:. August 1, 2002. 252:Purdue University 205: 204: 115:Over 50 locations 16:Aerospace company 1499: 1438: 1437: 1435:Official website 1421: 1420: 1418: 1416: 1401: 1395: 1394: 1392: 1390: 1379: 1373: 1372: 1370: 1368: 1354: 1348: 1347: 1343: 1337: 1336: 1329: 1323: 1322: 1320: 1319: 1309: 1303: 1302: 1300: 1299: 1285: 1279: 1278: 1271: 1265: 1264: 1262: 1260: 1248: 1242: 1241: 1239: 1237: 1222: 1213: 1212: 1210: 1208: 1193: 1184: 1183: 1181: 1179: 1164: 1155: 1154: 1146: 1137: 1136: 1128: 1119: 1118: 1110: 1104: 1103: 1095: 1086: 1085: 1077: 1068: 1067: 1059: 1050: 1049: 1041: 1032: 1031: 1030:. July 10, 2004. 1023: 1017: 1016: 1008: 997: 996: 988: 979: 978: 970: 964: 963: 955: 949: 948: 940: 931: 930: 922: 916: 915: 907: 898: 897: 889: 883: 882: 874: 865: 864: 856: 850: 849: 841: 835: 834: 826: 820: 819: 811: 800: 799: 791: 785: 784: 782: 780: 769: 763: 762: 754: 745: 744: 742: 740: 728: 719: 718: 710: 704: 703: 701: 699: 694:. March 20, 2019 684: 678: 677: 675: 673: 658: 652: 651: 649: 647: 632: 626: 625: 623: 621: 610: 599: 598: 590: 567: 566: 564: 562: 550: 544: 543: 541: 539: 524: 518: 517: 515: 513: 502: 481: 480: 478: 476: 460: 454: 453: 446: 201: 198: 151: 148:$ 2.035 billion 146: 143:$ 2.035 billion 29: 22: 1507: 1506: 1502: 1501: 1500: 1498: 1497: 1496: 1442: 1441: 1433: 1432: 1429: 1424: 1414: 1412: 1403: 1402: 1398: 1388: 1386: 1381: 1380: 1376: 1366: 1364: 1356: 1355: 1351: 1345: 1344: 1340: 1331: 1330: 1326: 1317: 1315: 1311: 1310: 1306: 1297: 1295: 1287: 1286: 1282: 1273: 1272: 1268: 1258: 1256: 1250: 1249: 1245: 1235: 1233: 1224: 1223: 1216: 1206: 1204: 1195: 1194: 1187: 1177: 1175: 1166: 1165: 1158: 1148: 1147: 1140: 1130: 1129: 1122: 1112: 1111: 1107: 1097: 1096: 1089: 1079: 1078: 1071: 1061: 1060: 1053: 1043: 1042: 1035: 1025: 1024: 1020: 1010: 1009: 1000: 990: 989: 982: 972: 971: 967: 957: 956: 952: 942: 941: 934: 927:Aerospace Daily 924: 923: 919: 909: 908: 901: 891: 890: 886: 876: 875: 868: 861:American Banker 858: 857: 853: 843: 842: 838: 828: 827: 823: 813: 812: 803: 793: 792: 788: 778: 776: 771: 770: 766: 756: 755: 748: 738: 736: 730: 729: 722: 712: 711: 707: 697: 695: 686: 685: 681: 671: 669: 660: 659: 655: 645: 643: 634: 633: 629: 619: 617: 612: 611: 602: 592: 591: 570: 560: 558: 552: 551: 547: 537: 535: 526: 525: 521: 511: 509: 504: 503: 484: 474: 472: 462: 461: 457: 448: 447: 440: 436: 423:2013 - Gamesman 387: 370: 339:noise-canceling 328:CMC Electronics 306:North American 268: 244: 239: 195: 186: 184: 172:TransDigm Group 158: 149: 147: 144: 132: 122: 112: 105: 73: 71: 69: 60: 48: 17: 12: 11: 5: 1505: 1503: 1495: 1494: 1489: 1484: 1479: 1474: 1469: 1464: 1459: 1454: 1444: 1443: 1440: 1439: 1428: 1427:External links 1425: 1423: 1422: 1396: 1374: 1349: 1338: 1324: 1304: 1280: 1266: 1243: 1214: 1185: 1156: 1138: 1120: 1105: 1087: 1069: 1051: 1033: 1018: 998: 980: 965: 950: 932: 917: 899: 884: 866: 851: 836: 821: 801: 786: 764: 746: 720: 705: 679: 653: 627: 600: 568: 545: 519: 482: 455: 437: 435: 432: 431: 430: 427: 426:2013 - Sunbank 424: 421: 420:2011 - Souriau 418: 415: 412: 409: 406: 403: 400: 397: 394: 391: 386: 383: 369: 366: 297:United Kingdom 267: 264: 243: 240: 238: 235: 203: 202: 193: 189: 188: 181: 175: 174: 169: 163: 162: 159: 156: 153: 152: 141: 137: 136: 133: 130: 127: 126: 123: 120: 117: 116: 113: 110: 107: 106: 101: 99: 95: 94: 93:John Esterline 91: 87: 86: 80: 76: 75: 66: 62: 61: 59: 58: 51: 49: 44: 41: 40: 35: 31: 30: 15: 13: 10: 9: 6: 4: 3: 2: 1504: 1493: 1490: 1488: 1485: 1483: 1480: 1478: 1475: 1473: 1470: 1468: 1465: 1463: 1460: 1458: 1455: 1453: 1450: 1449: 1447: 1436: 1431: 1430: 1426: 1410: 1406: 1400: 1397: 1384: 1378: 1375: 1363: 1359: 1353: 1350: 1342: 1339: 1334: 1328: 1325: 1314: 1308: 1305: 1294: 1290: 1284: 1281: 1276: 1270: 1267: 1254: 1247: 1244: 1232: 1231:Aviation Week 1228: 1221: 1219: 1215: 1203: 1199: 1192: 1190: 1186: 1174: 1170: 1163: 1161: 1157: 1152: 1145: 1143: 1139: 1134: 1127: 1125: 1121: 1116: 1109: 1106: 1101: 1094: 1092: 1088: 1083: 1076: 1074: 1070: 1065: 1058: 1056: 1052: 1047: 1040: 1038: 1034: 1029: 1022: 1019: 1014: 1007: 1005: 1003: 999: 994: 987: 985: 981: 976: 969: 966: 961: 954: 951: 946: 939: 937: 933: 928: 921: 918: 913: 906: 904: 900: 895: 888: 885: 880: 873: 871: 867: 862: 855: 852: 847: 840: 837: 832: 825: 822: 817: 810: 808: 806: 802: 797: 790: 787: 774: 768: 765: 760: 753: 751: 747: 735:. p. 341 734: 727: 725: 721: 716: 709: 706: 693: 692:Shepard Press 689: 683: 680: 668: 664: 657: 654: 642: 641:The Telegraph 638: 631: 628: 615: 609: 607: 605: 601: 596: 589: 587: 585: 583: 581: 579: 577: 575: 573: 569: 556: 549: 546: 534: 530: 523: 520: 507: 501: 499: 497: 495: 493: 491: 489: 487: 483: 471: 470: 465: 459: 456: 451: 445: 443: 439: 433: 428: 425: 422: 419: 416: 413: 410: 407: 404: 401: 398: 395: 392: 389: 388: 384: 382: 380: 374: 367: 365: 362: 360: 355: 350: 348: 343: 340: 335: 333: 329: 323: 321: 317: 313: 309: 305: 300: 298: 292: 288: 284: 282: 278: 274: 273:New York City 265: 263: 259: 258:Electronics. 255: 253: 249: 242:Early history 241: 236: 234: 232: 227: 225: 220: 218: 214: 209: 200: 194: 190: 182: 180: 176: 173: 170: 168: 164: 160: 154: 142: 138: 134: 128: 124: 118: 114: 108: 104: 100: 96: 92: 88: 84: 81: 77: 67: 63: 56: 53: 52: 50: 47: 42: 39: 36: 32: 28: 23: 1413:. 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Hoover's 434:References 131:Key people 57:: ESL 38:Subsidiary 1293:Transdigm 1046:InDEFENSE 614:"History" 379:elastomer 231:TransDigm 197:esterline 179:Divisions 125:Worldwide 68:Aerospace 46:Traded as 1115:Avionics 698:June 11, 332:avionics 65:Industry 237:History 192:Website 140:Revenue 90:Founder 79:Founded 74:Medical 70:Defense 316:flares 217:Airbus 213:Boeing 167:Parent 150:(2017) 145:(2018) 85:, 1906 72:Gaming 359:Barco 312:chaff 279:, to 1417:2014 1391:2014 1369:2014 1261:2015 1238:2015 1209:2014 1180:2014 781:2014 741:2014 700:2020 674:2014 648:2014 622:2014 563:2014 540:2014 514:2014 477:2014 215:and 199:.com 55:NYSE 1448:: 1360:. 1291:. 1229:. 1217:^ 1200:. 1188:^ 1171:. 1159:^ 1141:^ 1123:^ 1090:^ 1072:^ 1054:^ 1036:^ 1001:^ 983:^ 935:^ 902:^ 869:^ 804:^ 749:^ 723:^ 690:. 665:. 639:. 603:^ 571:^ 531:. 485:^ 466:. 441:^ 1419:. 1393:. 1371:. 1335:. 1321:. 1301:. 1263:. 1240:. 1211:. 1182:. 1153:. 1084:. 1066:. 1015:. 947:. 881:. 783:. 761:. 743:. 717:. 702:. 676:. 650:. 624:. 565:. 542:. 516:. 479:.

Index


Subsidiary
Traded as
NYSE
Indianapolis, Indiana
Bellevue, Washington
Parent
TransDigm Group
Divisions
esterline.com
Boeing
Airbus
Bellevue, Washington
TransDigm
electrical engineer
Purdue University
New York City
Darien, Connecticut
Bellevue, Washington
United Kingdom
BAE Systems'
electronic warfare countermeasures
chaff
flares
infrared homing missiles
CMC Electronics
avionics
noise-canceling
intelligence, surveillance and reconnaissance
United Technologies Corporation's

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