Acquired Two Precision Manufacturers, Extending Eastern into the Aerospace and Defense Markets
Backlog Increased 45% Year-Over-Year to $126.2 Million, Driven by Acquired Aerospace Orders andStrengthening Demand for Truck Mirror Assemblies, Returnable Transport Packaging and Latch and Handle Assemblies
Repurchased 19,529 Shares in the Second Quarter, with 256,275 Shares Remaining Available Under Existing Repurchase Program
Entering the Second Half with Strong Momentum and Enhanced Visibility to Support Improving Underlying Profitability Over the Balance of 2026
SHELTON, CT / ACCESS Newswire / August 11, 2026 / The Eastern Company ("Eastern" or the "Company") (NASDAQ:EML), an industrial manufacturer of engineered products and solutions serving commercial transportation, logistics, and other industrial markets, today announced its results of operations for the second fiscal quarter of 2026 ended July 4, 2026. Results for the reported period reflect the June 1, 2026, acquisition of Sungear, LLC and Sinecera, LLC (dba Crown Precision), two California-based precision manufacturers serving the aerospace, defense, and adjacent end markets.
