AMETEK INC/

AMETEK, Inc. has significantly restructured its debt facilities, entering into an Amended and Restated Credit Agreement that increases its revolving credit commitments to $3.5 billion and extends the maturity to June 9, 2031. Concurrently, the company secured a new $4.0 billion Term Loan Credit Agreement, comprised of three tranches, which will be used to fund the previously announced acquisition of Indicor Holdings, LLC. These new facilities replace previously arranged bridge financing.

AMETEK, Inc. announced the completion of its acquisition of First Aviation Services, a leading provider of highly engineered defense and aviation maintenance, repair and overhaul (MRO) services. This strategic acquisition is expected to expand AMETEK's existing MRO business, creating opportunities for market growth and increased scale in mission-critical aerospace and defense applications. First Aviation Services, which generates approximately $80 million in annual revenue and operates six centers of excellence, will be integrated into AMETEK's Electromechanical Group (EMG).

AMETEK, Inc. held its Annual Meeting of Stockholders on May 7, 2026. Stockholders elected Thomas A. Amato, Anthony J. Conti, and Gretchen W. McClain to the Board of Directors for terms expiring in 2029. Additionally, stockholders provided advisory approval for the compensation of certain executive officers and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2026.

AMETEK, Inc. announced the appointment of Nick L. Stanage to its Board of Directors as a Class III independent director, effective May 7, 2026. Mr. Stanage, the former Chairman and CEO of Hexcel Corporation, brings decades of global industrial experience to the board. He will receive a pro rata portion of the annual basic retainer fee of $120,000 and an annual equity award with a target value of $210,000.

AMETEK, Inc. announced a definitive agreement to acquire a portfolio of instrumentation businesses from Indicor, LLC for approximately $5.0 billion in an all-cash transaction. Indicor Instrumentation generates about $1.1 billion in annual sales and has profitability levels consistent with AMETEK. The company expects the acquisition to be cash earnings accretive in Year 1 and generate strong returns on capital, with projected annualized synergies of 10% to 12% of sales. The transaction is subject to customary closing conditions and regulatory approvals, with an anticipated close in the second half of 2026.

AMETEK, Inc. reported strong first-quarter results for 2026, with net sales increasing by 11.3% to $1.93 billion and diluted earnings per share rising 14.5% to $1.74. Net income grew 13.5% to $399.4 million. The company also completed the acquisition of LKC Technologies in January 2026 for $209.6 million and announced the acquisition of First Aviation Services in April 2026, further expanding its Electromechanical Group.

AMETEK, Inc. announced an agreement to acquire First Aviation Services, a leading provider of mission-critical defense and aviation MRO services with approximately $80 million in annual sales, expanding its MRO platform. Concurrently, AMETEK reported record first-quarter 2026 financial results, with sales increasing 11% to $1.93 billion and adjusted diluted EPS rising 13% to $1.97. The company also raised its full-year 2026 adjusted EPS guidance to a range of $7.94 to $8.14, reflecting strong organic growth and robust end-market demand.