Astronics Corp - Company Profile
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Business Description
Astronics Corp (Astronics) is a provider of advanced technologies for the aerospace, defense, and semiconductor industry. Its product and services include advanced, high-performance electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, systems and certification, aircraft structures and automated test systems.
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R&D Overview
Astronics’s R&D arm focuses on developing technologies and capabilities either internally or via acquisitions and use those capabilities to provide innovative solutions to our targeted markets. The company owns a number of patents and patent applications relates to electroluminescence, instrument panels, cord reels and handsets, and cabin power distribution technology. In FY2023, the company incurred expenses of US$53.5 million on R&D, which as a percentage of revenue stood at 8.8%.
Business Segments
Overview
Designs, develops, manufactures, and markets lighting and safety systems, aircraft structures, avionics products, electrical power generation, distribution and seat motions systems, systems certification, and other related products to global aerospace market. Also provides in-seat power systems and entertainment systems.
Performance
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Overview
Designs, develops, manufactures, and maintains automated test systems for semiconductor, aerospace, communications and weapons test systems and training and simulation devices. Offers various manufacturers of military communication systems, and the US and foreign military agencies. Generates revenue from two categories: Semiconductor, and Aerospace and Defense.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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