LGL - LGL's Risk Exposures Could Limit Its Growth Potential
Introduction
LGL (LGL) group is a holding company that manufactures frequency and spectrum control products that are used mainly in aerospace and defense communications, laboratory instruments and data transfer in wireless and internet infrastructure. The company operates through two principal subsidiaries, M-tron Industries inc (MitronPTI) and Precise Time and Frequency ((PTF)). Because the company is dependent on a very narrow line of business, I believe it is important to discuss the key risk factors first. After analyzing the risk factors, I found that there are several factors which could significantly limit its growth