FTG also highlighted improved customer concentration: the top five customers accounted for 51.7% of total revenue in 2025 versus 58.4% in 2024. Airlines became two of the top 20 customers due to the FLYHT acquisition. FTG also noted that six of its top 10 customers are shared between the Circuits and Aerospace businesses, which management views as an opportunity to deepen relationships by selling both cockpit products and circuit boards.Circuits segment: Sales increased 6% year over year, described as entir ...