Astronics Corp - Company Profile
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Astronics Corp (Astronics) provides high-performance lighting and power management systems to aerospace and defense industries. Research & Development, customer base, and liquidity position are the company’s major strengths, whereas geographic concentration remains a cause for concern. Global aircraft industry, military avionics market, and strategic initiative are likely to offer growth opportunities to the company. However, foreign exchange risks, intense competition, and government contract compliance could affect its business opportunities.
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