Founded as Wright Machinery Company in 1893, the company moved into the current facility in Durham, North Carolina in 1941. Joining the war effort, the company produced gunfire control systems for Sperry and Ford. After the war, Wright Machinery was acquired by Sperry, and in 1986 Sperry was acquired by Honeywell. Under Honeywell’s ownership, the company manufactured high quality aircraft products and space electro-magnetic components. In 1996 Tecstar purchased the company from Honeywell, diversifying the company’s customer base and successfully competing in a wider range of markets. In July 2002, Firstmark acquired the company. In 2018, the company was acquired by Ontic, a BBA Aviation company.