ESCO
ESCO is an engineered components and systems company producing mining, construction, and industrial wear parts alongside aerospace, defense, and utility grid solutions, including acquired naval defense offerings serving the US and UK Navies.
- Company typePublic
- Founded1978
- HeadquartersPortland, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What ESCO does
ESCO operates as an engineered components and systems company serving multiple heavy-industry end markets. The source material describes it simultaneously as a manufacturer of construction and aggregate handling equipment producing ground engagement tools, wear parts, and related products for mining, construction, and industrial applications (under sub-brands ESCO Mining, ESCO Construction, and ESCO Industrial Products), and as a provider of engineered components and systems for aerospace, defense, and utility grid applications. The latter profile is supported by detailed financial disclosures positioning ESCO Technologies Inc. as a publicly traded entity (NYSE: ESE) operating as a division of Weir Group PLC, with a recent expansion into naval defense via the $550 million acquisition of Ultra Maritime's Signature Management & Power business, which provides sole-source content on major US and UK naval platforms.
The company's go-to-market is a B2B enterprise field sales model targeting large defense contractors, government agencies (US Navy, UK Navy), and utility companies with quote-based pricing on long-cycle contracts. Its revenue model is hardware sales across two primary segments, Aerospace & Defense and Utility Grid Modernization, with strong aftermarket demand (up 8%) providing recurring revenue. Marketing and distribution are conducted through direct enterprise engagement, supplemented by industry trade events and conferences in aerospace, defense, and utility verticals. Sub-brands and an acquired brand (Signature Management & Power) broaden the portfolio, and ESCO's institutional ownership is roughly 12% per the data.
ESCO reported Q1 CY2026 revenue of $309.3 million (16.5% year-over-year growth, though 3.4% short of analyst estimates of $320.4 million), with full-year guidance reaffirmed at $1.31 billion at the midpoint and adjusted EPS guidance raised to $8.13 (Q1 adjusted EPS of $1.91 beat consensus by 3.8%). The company is operating with a record $1.47 billion backlog, up 57.7% year-on-year, driven by an aerospace and defense rebound and utility grid modernization demand. Founded in 1913 per firmographic data and headquartered in Portland, US, ESCO employs 10,000+ people and is a wholly owned operating division of UK-based Weir Group PLC, though it is publicly listed on the NYSE.
ESCO firmographics
Firmographics- Name
- ESCO
- Legal name
- ESCO Technologies Inc.
- Website
- https://esco.weir
- Company type
- Public
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ESCO is an engineered components and systems company producing mining, construction, and industrial wear parts alongside aerospace, defense, and utility grid solutions, including acquired naval defense offerings serving the US and UK Navies.
- Ownership category
- akta.pro rank
ESCO industry classification
Industry- Product category
- Mining and Construction Wear Parts
- NAICS
- Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313)
- SIC
- Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH)
- akta.pro secondary industry
- Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout) (IMAKAOAE)
Keywords
Where ESCO is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ESCO business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Aerospace and Defense Components: Revenue from engineered components and systems serving the aerospace and defense sector, including the recent acquisition of Ultra Maritime's Signature Management & Power business expanding naval defense offerings
- Utility Grid Modernization: Products and solutions for utility grid modernization, driving 57.7% year-on-year backlog growth
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
ESCO product offering
Product offeringCore offering
ESCO manufactures and sells ground engagement tools, wear parts, and related products for mining, construction, and industrial applications under the ESCO® brand within The Weir Group portfolio. The product portfolio includes ESCO Mining, ESCO Construction, and ESCO Industrial Products, supplemented by the acquired Signature Management & Power naval defense solutions business serving US and UK naval platforms.
Product overview
ESCO is a division of The Weir Group and operates as an engineered components and systems company offering ground engagement tools for mining, construction, and industrial applications. The product portfolio includes wear parts and tools under the ESCO brand, supplemented by the acquired Signature Management & Power naval defense solutions business. ESCO serves the aerospace and defense sector as well as utility grid modernization markets.
Differentiator
Problem solved
Functional benefit
Brands
- ESCO Mining: Mining products and equipment
- ESCO Construction
- ESCO Industrial Products
Products and services
- ESCO Mining
Quantifiable outcome
- Backlog grew 57.7% year-on-year to record $1.47 billion
- +1 more outcomes
Companies that use ESCO
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles3 records
ESCO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ESCO partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Ultra MaritimecoreESCO acquired the Signature Management & Power business of Ultra Maritime for $550 million. This acquisition expands ESCO's naval defense offerings and international presence, leveraging the target's sole source content on major platforms and growth opportunities in US and UK naval markets.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
ESCO competitors and assessment
Company assessmentBroad incumbents
- Komatsu: Major mining and construction OEM with a captive GET and wear-parts business that overlaps directly with ESCO's product portfolio, including teeth, adapters, and lips sold to mining majors.
- Sandvik: Global mining and rock processing equipment manufacturer with a dedicated wear parts and mining parts business that competes head-to-head with ESCO's ground engagement solutions.
- Hitachi Construction Machinery: OEM of mining excavators and shovels with its own GET and wear-parts offerings (now including Bradken), competing with ESCO at the aftermarket and OEM-supplier layers of the value chain.
- FLSmidth: Global mining and cement equipment supplier whose aftermarket and wear-parts business — including mill liners and crusher wear parts — competes with ESCO's mining and industrial product lines.
- Caterpillar: The world's largest mining and construction equipment OEM, which sells its own factory-installed and aftermarket Cat Ground Engaging Tools (GET) and wear parts directly competing with ESCO's replacement products at mine sites and quarries.
Direct peers
- Bradken: Specialized manufacturer of wear-resistant and replacement products for the mining, resources, and infrastructure industries, including GET, crusher liners, and ground engagement tools directly comparable to ESCO Mining.
- Metso: Direct competitor in mining and aggregates wear parts and material handling equipment, offering crusher wear parts, screen media, and GET solutions to the same mining customer base as ESCO.
- Kennametal: Manufacturer of wear-resistant parts, mining tooling, and ground engagement solutions serving surface and underground mining, construction, and aggregates customers with overlapping product families to ESCO.
- Magotteaux: A specialist in wear parts and grinding media for mining and cement, with a product portfolio (crusher parts, mill liners, drill bits) that directly overlaps with ESCO's wear-parts offering.
Emerging players
- Trelleborg (Engineered Coated Fabrics / Wear Parts): Engineered polymer and wear-resistant solutions provider serving mining screening, conveying, and wear applications, representing partial overlap with ESCO's wear-parts product portfolio.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
ESCO social profiles
Digital presenceESCO financial estimates
Financial estimateRevenue estimate
Valuation estimate
ESCO leadership team
Management profileNumber of profiles
Profiles2 records
ESCO subsidiaries and ownership
Company hierarchySubsidiaries1 record
ESCO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ESCO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ESCO
What does ESCO do?
ESCO manufactures and sells ground engagement tools, wear parts, and related products for mining, construction, and industrial applications under the ESCO® brand within The Weir Group portfolio. The product portfolio includes ESCO Mining, ESCO Construction, and ESCO Industrial Products, supplemented by the acquired Signature Management & Power naval defense solutions business serving US and UK naval platforms.
Is ESCO a public or private company?
ESCO is a public company. It is classified as public and is currently operating.
When was ESCO founded?
ESCO was founded in 1978. It employs 5,001 to 10,000 people.
Where is ESCO based?
ESCO is headquartered in Portland, United States, in the North America region.
How does ESCO make money?
Two revenue lines are on record. Aerospace and Defense Components are the primary driver. The others are utility Grid Modernization.
Who are ESCO's main competitors?
Broad incumbents on record are Komatsu, Sandvik, Hitachi Construction Machinery, FLSmidth and Caterpillar. Direct peers are Bradken, Metso, Kennametal and Magotteaux. Trelleborg (Engineered Coated Fabrics / Wear Parts) is listed as an emerging player.
Does ESCO have an API?
No public API is recorded for ESCO.
What industry is ESCO in?
ESCO's product category is Mining and Construction Wear Parts. Its primary akta.pro industry code is IMAKANAH, Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media), with a secondary code of IMAKAOAE, Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout). Its NAICS code is 333131 and its SIC code is 3532.