Astronics Corporation (ATRO) is a leading provider of advanced, high-performance technologies for the global aerospace, defense, electronics, and semiconductor industries. Founded in 1968 and headquartered in East Aurora, New York, the company has over the years, built a reputation for innovation, excellent customer service, and superior quality.
Astronics Corporation operates through two major business units – Astronics aerospace (that includes Astronics Advanced Electronic Systems (AES) and Astronics AeroSat) and Astronics Test Systems. These business units have enabled Astronics to position itself uniquely in the marketplace for both equipment and sophisticated aerospace systems while staying consistent in meeting the complex and ever-changing requirements of its customers.
Astronics AES is a pioneer in power management, passenger entertainment systems, and connectivity for commercial, business and military aircraft, while Astronics AeroSat provides satellite antenna systems. Astronics Test Systems, on the other hand, leverages over 50 years of experience to deliver automated test systems, subsystems, and instruments for high performance and reliability.
Astronics Corporation's credibility lies in its commitment to quality and innovation. Its advanced technologies can be found in some of the most significant projects in the aerospace and defense industries. Through constant innovation, the company is able to address the future needs of its customers and deliver world-class products that meet and exceed expectations in terms of reliability, performance, and value.
Throughout its history, Astronics Corporation has focused on improving its strategic capabilities by acquiring several companies whose competencies align with the firm's core business. Some of the acquisitions include Armstrong Aerospace, enhancing its capabilities in aircraft power distribution, lighting, and modification engineering, and General Dynamics, which bolstered Astronics’ test system capabilities.
Today, Astronics Corporation has over 3,100 employees and facilities in North America, Asia, and Europe. It prides itself in its strong relationship with original equipment manufacturers, airlines, militaries, and other customers in the aerospace and defense industries.
The stock symbol for Astronics Corporation is ATRO, and it's listed on the NASDAQ. The company has been able to maintain a positive performance trend in recent years. In summary, Astronics Corporation's strategic vision, commitment to innovation, portfolio of technologies, and strong customer relationships position it well for future growth.