East Aurora, NY | April 7, 2015– Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologies for the global aerospace and defense industries, announced today that it has entered into an agreement with SmartTray International, LLC to exclusively market, sell, and manufacture SmartTray’s new passenger device-friendly aircraft tray table solutions that facilitate hands-free use of portable electronic devices (PEDs) including smartphones. The tray tables offer air travelers superior ergonomics, better space management, and improved comfort and convenience over conventional tray tables.

“SmartTray’s solutions are best-in-class and represent a strong opportunity for Astronics as they are complementary to our leading EMPOWER® aircraft in-seat power systems,” said Pete Gundermann, CEO of Astronics. “With our existing industry relationships, proven track record of customer support, and portfolio of over 190 airline customers, Astronics is perfectly positioned to enhance the passenger experience by combining PED power and the convenience of an ergonomic tray table to manage passenger carry-on devices. Under this exclusive agreement, Astronics will deliver SmartTray’s patented solutions to airlines and seat manufacturers globally, and airline passengers will enjoy the power and convenience they desire,” added Mr. Gundermann.

“We could not be more proud to partner with Astronics,” said Nick Pajic, CEO and Founder of SmartTray International. “With millions of air travelers using their mobile phones and electronic tablet devices on airplanes for work and entertainment, airline operators are in need of simple, practical, and cost effective solutions that make using and stowing PEDs inflight more convenient and easier. SmartTray products do exactly that,” added Mr. Pajic.

  • Record quarterly sales of $141.0 million, up 90.6% from 2013 first quarter
  • Organic sales of $82.1 million, up 11.0% from 2013 first quarter
  • Completed acquisition of Astronics Test Systems (“ATS”) on February 28, 2014
  • Raises 2014 full year sales forecast to range of $625 million to $660 million

East Aurora, NY | May 7, 2014– Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologies for the global aerospace and defense industries, today reported financial
results for the three months ended March 29, 2014. Click for Full Release

East Aurora, NY |  February 25, 2014– Astronics Corporation (NASDAQ: ATRO) (“Astronics”), a leading provider of advanced technologies for the global aerospace and defense industries, announced today that its wholly-owned subsidiary, Astronics Luminescent Systems Inc., has been awarded a multi-year contract to provide exterior lighting for the Boeing 737 MAX.

Astronics will supply a full suite of products that provide the position, navigation and anti-collision lighting functions for the aircraft. The lights will utilize light emitting diodes (LEDs) to provide an industry leading combination of increased reliability and reduced power consumption.

Peter J. Gundermann, President and CEO of Astronics, commented, “We have been involved in aircraft lighting for many years, and this award demonstrates that our technology is world class. We first developed LED aircraft lighting for the F-35 Joint Strike Fighter almost ten years ago and have continued to improve the technology ever since. With the 737 MAX award, our technology will be on the most advanced commercial transport, military and business jet aircraft flying today.”