Aerospace and Defense TT Electronics is expanding its power electronics portfolio with GaN-based AC/DC power supplies for medical and healthcare devices and has active collaboration with MBDA Italia and Rolls-Royce for aerospace and defense power electronics solutions, indicating opportunities to cross-sell high-reliability power electronics and custom EMI/EMC solutions to defense and aerospace programs.

Growth momentum Recent financials show improved profitability with a first-half adjusted operating profit of £18.5 million and an operating margin of 8.1%, suggesting a growing customer base and potential capacity for larger contracts or longer-term programs, ideal for engaging with procurement and program management teams.

Medical market focus Launch of the TEAM series GaN-based AC/DC power supplies sized 65W to 330W targeting medical and healthcare equipment highlights a strategic emphasis on regulated, high-efficiency power solutions, presenting opportunities to upsell alongside medical device manufacturers and healthcare OEMs.

Strategic partnerships Collaborative demonstrations with Radwave Technologies at MD&M Midwest and ongoing exhibitions position TT Electronics as a partner for advanced tracking and electromagnetic solutions, offering a pathway to collaborate with medical device integrators and systems OEMs seeking integrated sensing and power modules.

Global aerospace ties Letter of intent with MBDA Italia and a collaboration with Rolls-Royce point to strong aerospace and defense relationships, suggesting prospects for extended power electronics components, ruggedized assemblies, and long-term supply agreements with large defense contractors and their tier suppliers.