Astronics Corp

Astronics Receives Supplemental Type Certificate from Transport Canada for its Edge Cabin Network Platform

STC Approval Supports Continued Expansion for Distributed Architecture Platform Astronics’Edge Distributed IFE Platform enables modular, secure and cost-effective in-flight entertainment. EAST AURORA, NY, May11, 2021–AstronicsCorporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has received the supplemental type certificate (STC) for its …

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Astronics Corporation Reports 2021 First Quarter Financial Results

Sales for the quarter were $105.9 million, slightly better than guidance Net loss was $11.9 million Adjusted EBITDA* loss was $0.5 million Bookings for the quarter continued sequential improvement to $120.0 million Backlog at the end of the quarter was $297.5 million  *Adjusted EBITDA is a Non-GAAP Performance Measure.   Please see the attached table for a reconciliation of adjusted …

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Astronics Announces Next-Gen Circuit Card Diagnostic and Test System

PinPoint 3-PXIe offers component-level diagnostics and high-performance functional testing in one system The PinPoint 3-PXIe combines powerful, component level testing for a variety of applications with the flexibility of PXIe. EAST AURORA, NY, April 28, 2021 – Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical …

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Astronics Corporation Announces First Quarter 2021 Financial Results Conference Call and Webcast

EAST AURORA, N.Y.–(BUSINESS WIRE)– Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it will release its first quarter 2021 financial results before the opening of financial markets on Thursday, May 6, 2021. The Company will host a conference call and webcast that …

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Astronics Establishes Muirhead Avionics, a division of AMETEK®MRO, as Approved Calibration Service Center for Europe, U.K. and Middle East

Astronics Test Systems (“ATS”) partners with Muirhead Avionics to provide calibration services for ATS’s CTS-6000 series of communication testers EAST AURORA, N.Y.–(BUSINESS WIRE)– Astronics Corporation (Nasdaq: ATRO) announced today that its wholly owned subsidiary, Astronics Test Systems (“ATS”), has approved Muirhead Avionics, a division of AMETEK® MRO, as an Approved Service Center for Astronics’ CTS …

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Astronics Ballard Technology’s NG3 Avionics I/O Computer Selected by U.S. Coast Guard for Minotaur Program

The NG Family is a New Line of Rugged and Secure Avionics I/O Computers that are Prequalified and Ready to Deploy on Military and Civil Platforms The rugged NG3 tightly integrates 64-bit processing and an extensive amount of I/O into a small, lightweight SWaP-optimized (Size, Weight, and Power) enclosure that meets military requirements for shock, …

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Astronics Selected to Manufacture Components for the Raytheon Missiles & Defense Light Weight Command Launch Unit (CLU) for the Javelin Program

EAST AURORA, N.Y.–(BUSINESS WIRE)– Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologies for the global aerospace, defense and other mission critical industries, announced today that its wholly-owned subsidiary, PECO Inc., has been selected by Raytheon Missiles & Defense to manufacture and supply handgrip subassemblies for the next generation light weight command launch unit …

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Astronics Corporation Reports 2020 Fourth Quarter and Full Year Financial Results

Fourth quarter sales of $114.8 million; full year sales of $502.6 million Fourth quarter pre-tax loss of $7.5 million and net loss of $20.0 million due to the non-cash reserve of $14.1 million against deferred tax assets Fourth quarter Adjusted EBITDA* was $2.9 million Fourth quarter bookings were $116.0 million, demonstrating sequential improvement Backlog at …

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Astronics Awarded Contracts to Support Boeing’s MQ-25 Unmanned Tanker for the U.S. Navy

Contracts for power distribution and exterior lighting systems support the U.S. Navy’s first unmanned aerial refueling program EAST AURORA, N.Y.–(BUSINESS WIRE)– Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, has been awarded contracts by The Boeing Company to supply CorePower® aircraft power distribution units …

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Astronics Corporation Announces Fourth Quarter and Full Year 2020 Financial Results Conference Call and Webcast

EAST AURORA, N.Y.–(BUSINESS WIRE)– Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced that it will release its fourth quarter and full year 2020 financial results before the opening of financial markets on Tuesday, February 23, 2021. The Company will host a conference call …

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