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Garmin opens aviation facility at Mesa Gateway Airport

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(Moderate)
Rhea-AI Sentiment
(Very Positive)
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Garmin (NYSE: GRMN) has acquired a hangar and office complex at Mesa Gateway Airport (KIWA) to expand its aviation operations. The facility includes two adjacent hangars totaling approximately 75,000 sq ft and office space for about 75 associates. This site will support aircraft certification, flight test organizations, and joins Garmin's existing flight operations centers in New Century, Kansas and Salem, Oregon.

The Mesa Gateway location offers three parallel runways (two over 10,000 feet) and favorable weather for flight operations, and sits near Garmin engineering hubs in the Phoenix area.

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Positive

  • Adds approximately 75,000 sq ft of hangar space
  • Office capacity for about 75 associates to support engineering and flight test
  • Expands aircraft certification and flight test capacity for aviation business
  • New site complements two existing flight operations centers in Kansas and Oregon
  • Located at KIWA with three parallel runways (two > 10,000 ft) favorable for flight operations

Negative

  • None.

Key Figures

Current price: $206.03 Facility size: 75,000 square feet Office capacity: 75 associates +5 more
8 metrics
Current price $206.03 Pre-news trading level for GRMN
Facility size 75,000 square feet Total area of two adjacent hangars and offices in Mesa
Office capacity 75 associates Approximate office capacity at new Mesa aviation facility
Runway count 3 parallel runways Runway infrastructure at Mesa Gateway Airport
Long runways 2 runways over 10,000 feet Long-runway capability at Mesa Gateway Airport
Phoenix hub tenure Over 25 years Duration of Garmin’s engineering presence in Phoenix area
AeroData acquisition year 2019 Year Garmin expanded to Scottsdale via AeroData acquisition
52-week range $169.2601 – $261.69 GRMN 52-week low and high before this news

Market Reality Check

Price: $206.03 Vol: Volume 612,157 is below t...
low vol
$206.03 Last Close
Volume Volume 612,157 is below the 20-day average of 947,576 (relative volume 0.65). low
Technical Shares at $206.03 are trading below the 200-day MA of $216.50, about 21% under the $261.69 52-week high and above the $169.26 low.

Peers on Argus

GRMN gained 1.83% alongside peers KEYS +2.73%, TDY +1.66%, FTV +0.93%, TRMB +1.7...

GRMN gained 1.83% alongside peers KEYS +2.73%, TDY +1.66%, FTV +0.93%, TRMB +1.75%, and COHR +6.81%, indicating a broadly positive sector tone.

Common Catalyst At least one peer, Trimble (TRMB), reported earnings and 2026 guidance today, contributing to sector news flow.

Historical Context

5 past events · Latest: Feb 03 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 03 Cycling product launch Positive -2.8% Launch of Varia RearVue 820 radar tail light with extended capabilities.
Jan 20 Golf watch launch Positive -5.2% Introduction of Approach J1 GPS watch tailored to junior golfers.
Jan 20 Golf device launch Positive -5.2% Debut of Approach G82 handheld with large display and putting metrics.
Jan 20 Rangefinder launch Positive -5.2% Unveiling of Xero L60i GNSS-enabled laser rangefinding monocular.
Jan 14 Earnings call notice Neutral -1.1% Scheduling of Q4 2025 earnings conference call for Feb 18, 2026.
Pattern Detected

Recent product and event announcements often coincided with negative next-day moves, suggesting a pattern of weak price follow-through on generally positive operational news.

Recent Company History

Over the past few weeks, Garmin issued multiple product launches across cycling, golf, and outdoor segments, including the Varia RearVue 820 and new Approach golf devices, plus the Xero L60i rangefinder. These announcements on Jan 20 and Feb 3 saw -2.75% to -5.23% next-day moves. An earnings-call scheduling notice on Jan 14 coincided with a -1.12% move. Today’s aviation facility expansion adds infrastructure growth news to this stream of product-driven updates.

Market Pulse Summary

This announcement highlights Garmin’s continued build-out of its aviation infrastructure, adding a 7...
Analysis

This announcement highlights Garmin’s continued build-out of its aviation infrastructure, adding a 75,000-square-foot hangar and office complex at Mesa Gateway Airport with capacity for about 75 associates. It complements existing flight operations centers in Kansas and Oregon and leverages a Phoenix engineering hub established over 25 years. In context of recent product launches and an upcoming Feb 18, 2026 earnings call, investors may track how this facility supports certification, flight testing, and longer-term aviation segment growth.

AI-generated analysis. Not financial advice.

The office and hangar complex will support the company's growing aviation business

OLATHE, Kan., Feb. 10, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) is pleased to announce that it has acquired a hangar and office complex at the Mesa Gateway airport in Mesa, Arizona (KIWA). This new facility space will expand the company's capacity for its aircraft certification and flight test organizations.    

"We are excited to add another aviation facility to our business. The capabilities this location will provide are instrumental in extending aircraft airworthiness approvals and market coverage for our product lines. This expansion represents Garmin's continued investment in infrastructure that supports growth and innovation in our aviation business segment."
–Phil Straub, Garmin Executive Vice President Managing Director Aviation 

The facility consists of two adjacent hangars of approximately 75,000 total square feet which includes office space that can accommodate approximately 75 associates. The Mesa Gateway Airport has three parallel runways, two of which are over 10,000 feet in length. This overall infrastructure, along with generally clear weather throughout the year, provides an ideal flight operations setting. This new Mesa location joins Garmin's two existing flight operations centers in New Century, Kansas and Salem, Oregon. Additionally, Mesa Gateway is home to numerous aviation companies, including customer support/service centers of three major aircraft manufacturers – further underscoring the value of the community and location.

The Phoenix area has served as a Garmin engineering hub for over 25 years, initially with a facility in Tempe, and later moving to a larger facility in Chandler. More recently, Garmin further expanded its footprint to Scottsdale after acquiring AeroData in 2019. The proximity of these locations provides support and infrastructure as Garmin continues to grow. The additional facility and expanded operations will allow Garmin to hire experienced associates for the engineering, aircraft airworthiness approvals and flight test teams in Mesa.

For additional information regarding Garmin's aviation business, visit Garmin.com/Aviation.

Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Recipient of the prestigious Robert J. Collier Trophy for Garmin Autoland, Garmin developed the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention. Visit the Garmin Newsroomemail our media team, connect with @garminaviation on social, or follow our blog.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 28, 2024, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983), and the Quarterly Report on Form 10-Q for the quarter ended September 26, 2025 filed by Garmin with the Securities and Exchange Commission (Commission file number 001-41118). Copies of such Form 10-K and Form 10-Q are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Media Contact:
Mikayla Rudolph
913-397-8200
media.relations@garmin.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/garmin-opens-aviation-facility-at-mesa-gateway-airport-302683534.html

SOURCE Garmin International, Inc.

FAQ

What did Garmin (GRMN) acquire at Mesa Gateway Airport on February 10, 2026?

Garmin acquired a hangar and office complex at Mesa Gateway Airport. According to the company, the purchase includes two adjacent hangars totaling approximately 75,000 square feet and office space to accommodate about 75 associates.

How will the Mesa Gateway facility affect Garmin's aircraft certification and flight test capacity?

The facility increases Garmin's capacity for certification and flight testing. According to the company, the new hangars and offices will support expanded aircraft airworthiness approvals and flight test operations to extend market coverage.

Where does the Mesa Gateway location fit within Garmin's existing flight operations network?

Mesa Gateway joins Garmin's two existing flight operations centers in New Century, Kansas and Salem, Oregon. According to the company, the site complements those centers and benefits from nearby Phoenix-area engineering hubs.

Why is Mesa Gateway Airport suitable for Garmin's flight operations expansion?

Mesa Gateway offers strong infrastructure and favorable weather for flight testing. According to the company, the airport has three parallel runways (two over 10,000 feet) and generally clear year-round weather, aiding flight operations.

Will the new Garmin facility in Mesa create jobs or expand staff capacity for GRMN?

Yes, the Mesa facility provides office space for approximately 75 associates. According to the company, this will allow Garmin to hire experienced engineering, aircraft airworthiness approvals, and flight test team members in Mesa.
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