Astronics Corporation Selected to Supply Exterior Lighting System for the KC-390 Military Transport and Tanker Program
EAST AURORA, N.Y.--(BUSINESS WIRE)--
Astronics Corporation (NASDAQ: ATRO) (“Company”), a leading provider of
advanced technologies for the global aerospace and defense industries,
announced today that its wholly-owned subsidiary, Luminescent Systems
Inc., has been selected by Embraer Defense and Security as a supplier
for their KC-390 Military Transport and Tanker Program.
Astronics will provide a complete exterior lighting system, including
navigation, anti-collision, landing, taxi, aerial refueling and
formation lights. The system will feature Astronics’ LED technology to
provide enhanced optical performance, high reliability and reduced power
consumption. The KC-390 is expected to enter service in 2016.
Peter J. Gundermann, President and Chief Executive Officer, commented,
“Astronics has a long history as an Embraer supplier, including
providing the exterior lighting system for the Phenom family of business
jets. The KC-390 selection serves to both enhance that relationship and
builds on our industry leading position of supplying best in class
exterior lighting solutions for the military and commercial aerospace
market.”
ABOUT ASTRONICS CORPORATION
Astronics Corporation is a leader in advanced, high-performance
lighting, electrical power, specialized avionics products and automated
test systems for the global aerospace and defense industries. Astronics’
strategy is to develop and maintain positions of technical leadership in
its chosen aerospace and defense markets, to leverage those positions to
grow the amount of content and volume of product it sells to those
markets and to selectively acquire businesses with similar technical
capabilities that could benefit from our leadership position and
strategic direction. Astronics Corporation, and its wholly-owned
subsidiaries, Astronics Advanced Electronic Systems Corp., Ballard
Technology, Inc., DME Corporation and Luminescent Systems Inc., have a
reputation for high-quality designs, exceptional responsiveness, strong
brand recognition and best-in-class manufacturing practices. The Company
routinely posts news and other important information on its website at www.astronics.com.
For more information on Astronics and its products, visit its
website at www.astronics.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the
Securities Exchange Act of 1934. One can identify these forward-looking
statements by the use of the words "expect," "anticipate," "plan,"
"may," "will," "estimate" or other similar expressions. Because such
statements apply to future events, they are subject to risks and
uncertainties that could cause actual results to differ materially from
those contemplated by the statements. Important factors that could cause
actual results to differ materially include the state of the aerospace
and defense industries, the market acceptance of newly developed
products, internal production capabilities, the timing of orders
received, the status of customer certification processes, the demand for
and market acceptance of new or existing aircraft which contain the
Company's products, customer preferences, and other factors which are
described in filings by Astronics with the Securities and Exchange
Commission. The Company assumes no obligation to update forward-looking
information in this news release whether to reflect changed assumptions,
the occurrence of unanticipated events or changes in future operating
results, financial conditions or prospects, or otherwise.
Company: Astronics Corporation David C. Burney,
716-805-1599, ext. 159 Chief Financial Officer david.burney@astronics.com or Investor
Relations: Kei Advisors LLC Deborah K. Pawlowski,
716-843-3908 dpawlowski@keiadvisors.com
Source: Astronics Corporation
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Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace and defense industries worldwide. It operates in two segments, Aerospace and Test Systems. The Aerospace segment
Press Release $ATRO Astronics Corporation
EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (NASDAQ: ATRO) (“Company”), a leading provider of advanced technologies for the global aerospace and defense industries, announced today that its wholly-owned subsidiary, Luminescent Systems Inc., has been selected by Embraer Defense and Security as a supplier for their KC-390 Military Transport and Tanker Program.
Astronics will provide a complete exterior lighting system, including navigation, anti-collision, landing, taxi, aerial refueling and formation lights. The system will feature Astronics’ LED technology to provide enhanced optical performance, high reliability and reduced power consumption. The KC-390 is expected to enter service in 2016.
Peter J. Gundermann, President and Chief Executive Officer, commented, “Astronics has a long history as an Embraer supplier, including providing the exterior lighting system for the Phenom family of business jets. The KC-390 selection serves to both enhance that relationship and builds on our industry leading position of supplying best in class exterior lighting solutions for the military and commercial aerospace market.”
ABOUT ASTRONICS CORPORATION
Astronics Corporation is a leader in advanced, high-performance lighting, electrical power, specialized avionics products and automated test systems for the global aerospace and defense industries. Astronics’ strategy is to develop and maintain positions of technical leadership in its chosen aerospace and defense markets, to leverage those positions to grow the amount of content and volume of product it sells to those markets and to selectively acquire businesses with similar technical capabilities that could benefit from our leadership position and strategic direction. Astronics Corporation, and its wholly-owned subsidiaries, Astronics Advanced Electronic Systems Corp., Ballard Technology, Inc., DME Corporation and Luminescent Systems Inc., have a reputation for high-quality designs, exceptional responsiveness, strong brand recognition and best-in-class manufacturing practices. The Company routinely posts news and other important information on its website at www.astronics.com.
For more information on Astronics and its products, visit its website at www.astronics.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Securities Exchange Act of 1934. One can identify these forward-looking statements by the use of the words "expect," "anticipate," "plan," "may," "will," "estimate" or other similar expressions. Because such statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the statements. Important factors that could cause actual results to differ materially include the state of the aerospace and defense industries, the market acceptance of newly developed products, internal production capabilities, the timing of orders received, the status of customer certification processes, the demand for and market acceptance of new or existing aircraft which contain the Company's products, customer preferences, and other factors which are described in filings by Astronics with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking information in this news release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise.
Company:
Astronics Corporation
David C. Burney, 716-805-1599, ext. 159
Chief Financial Officer
david.burney@astronics.com
or
Investor Relations:
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
dpawlowski@keiadvisors.com
Source: Astronics Corporation