Strattec Security Corp $STRT

What the company doesAI summary of filing

Strattec Security Corporation designs and manufactures vehicle access and security products for the automotive industry, including mechanical and electronic locks, keys, fobs, power sliding doors, power tailgates, and latching systems. The company sells primarily to original equipment manufacturers (OEMs) such as General Motors, Ford, and Stellantis, as well as through aftermarket channels, with approximately 90 percent of sales to OEMs. Strattec operates manufacturing and engineering facilities in the United States and Mexico and generates revenue through the sale of safety-critical access solutions that are applicable across internal combustion, hybrid, and electric vehicle platforms. The company is a revenue-generating business serving over 90 different customer vehicle platforms. [10-K 2026-08-28]

Segments: Permission (locks, keys, fobs, passive entry systems, digital key), Motion (power sliding doors, power tailgates, lift gates, power deck lid systems), Hold (latches and closure systems)