Barnes Group Inc - Company Profile

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Barnes Group Inc: Overview

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Barnes Group Inc (Barnes) is a manufacturer and marketer of aerospace and industrial components. The company offers engineered products, differentiated industrial technologies, solutions and services. Its product and service portfolio include molding solutions, engineered components business units, automation, force and motion control, assemblies, original equipment manufacturer (OEM) business, maintenance repair and overhaul (MRO) services. Its products and services utilized by various industries such as aerospace, automation, transportation, manufacturing, healthcare, and packaging. The company operates fabrication and machining operations facilities in the US and Singapore. It has business presence across the Americas, Europe, and Asia-Pacific. Barnes is headquartered in Bristol, Connecticut, the US.

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Headquarters United States of America
Address 123 Main St, Bristol, Connecticut, 06010
Website www.onebarnes.com
Telephone 1 860 5837070
No of Employees 6,500
Industry Aerospace and Defense
Ticker Symbol & Exchange B (NYSE)
Revenue (2022) $1.5B 15% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 18.7% (2022 vs 2021)
Market Cap* $1.8B
Net Profit Margin (2022) XYZ 2.8% (2022 vs 2021)
* As of and is in US$
View Barnes Group Inc financials
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Barnes Group Inc premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Barnes Group Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Barnes Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Aerospace Spare Parts Maintenance Services Synventive
Jet Engine Components Repair Services Thermoplay
Precision-Machined Logistics Services Manner
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In August, the company acquired MB Aerospace, a provider of precision aero-engine component manufacturing and repair services.
2021 Contracts/Agreements In October, the company extended its agreement with ITP Aero for the manufacture of components and assemblies for the Trent XWB engine program.
2021 Contracts/Agreements In April, the company signed a multi-year contract with Northrop Grumman for the production of major metallic subassembly for the B-2 spirit stealth bomber tailpipe mid/aft assembly full fleet replacement program.
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Competitor Comparison

Key Parameters Barnes Group Inc Bombardier Inc Triumph Group Inc Esco Technologies Inc American Superconductor Corp
Headquarters United States of America Canada United States of America United States of America United States of America
City Bristol Montreal Radnor St. Louis Devens
State/Province Connecticut Quebec Pennsylvania Missouri Massachusetts
No. of Employees 6,500 17,100 445 3,131 328
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Thomas O. Barnes Chairman Executive Board 2014 74
Thomas J. Hook Chief Executive Officer; President; Director Executive Board 2022 60
Julie K. Streich Senior Vice President - Finance; Chief Financial Officer Senior Management 2021 52
Dawn N. Edwards Senior Vice President - Human Resources Senior Management 2009 54
Stephen G. Moule Senior Vice President - Barnes; President - Barnes Industrial Senior Management 2019 50
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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