ESCO Technologies Inc
ESE
Information Technology
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
ESCO Technologies Inc. manufactures engineered products and systems, operating through segments that include Aerospace & Defense. The company’s Doble, PTI, and VACCO businesses supply specialized components and testing systems to defense and aerospace prime contractors. According to SIPRI, ESCO Technologies is identified as a supplier within the global military and defense industry.
A 2011 legal filing (*Ligai, et al v. ESCO Technologies, Inc., et al*) notes the company held “contracts for government and military clients,” indicating a material and targeted business relationship with defense customers. The company’s product portfolio, as referenced in market analyses, includes components categorized under “Defense & Weapon Systems.” This specialization, targeting military applications, meets the threshold for exclusion as a military contractor.
Research Sources
1 organization
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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