ESCO Technologies Inc. (NYSE:ESE) will look for acquisitions. Christopher Tucker, Vice President and Chief Financial Officer said, “I think we always would prefer to make good acquisitions, and we'll continue to look for things there. I mean, I think we are a little more aggressive than we have historically on the stock.

Because we didn't really even kind of clean up our dilution for a number of years. And so we certainly want to do that. It's something we talk about every quarter.

It really is kind of based on what we see from opportunities for acquisitions. And so, we review that on an ongoing basis. So, if we aren't able to achieve some of those things, and we'll look at being more aggressive on the buyback side”.