Astronics Corp.

Astronics Corp.

Astronics Corp.

Overview
Date Founded

1968

Headquarters

130 Commerce Way,East Aurora, NY 14052-2191

Type of Company

Public

Employees (Worldwide)

2,800

Industries

Aerospace & Defense

Company Description

Astronics Corp. engages in the provision of electrical power generation and distribution systems. It includes motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems. It operates through the Aerospace and Test Systems segments. The Aerospace segment designs and manufactures products for the global aerospace industry. The Test Systems segment designs, develops, manufactures and maintains communications and weapons test systems and training and simulation devices for military applications. The firm's products and solutions include Aircraft Data Systems, Aircraft Electrical Power Systems, Airfield Lighting, Custom Design & Manufacturing, Emergency Systems, Enhanced Vision Systems, IFC Antennas and Radome Systems, Inflight Entertainment System Hardware, Interiors & Structures, Lighting Systems, Seat Actuation Systems, Simulation & Training, Systems Certification, Test & Measurement and VIP IFEC & CMS Systems. The company was founded in 1968 and is headquartered in East Aurora, NY.

Contact Data
Trying to get in touch with decision makers at Astronics Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman, President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Chief Accounting Officer & Controller

President, Astronics Advanced Electronic Systems

President, Astronics Luminescent Systems Inc

President, Astronics Test Systems

President, Astronics Connectivity & Certification Systems

Chief Project Engineer

Senior Director

Division Controller

Board of Directors

Chairman, President & Chief Executive Officer at Astronics Corp.

Executive Vice President, Chief Administrative Officer, General Counsel & Secretary at BorgWarner, Inc.

Chairman of the Board, President & Chief Executive Officer at Cimpress Plc

Vice Chairman at M&T Bank

President & Chief Executive Officer at PCX Aerostructures LLC

Former Employee, Graduate Work at University of Pennsylvania - The Wharton School

Astronics Corp.

Director at Insyte Consulting Ventures

Professional at Ballard Technology, Inc.

Paths to Astronics Corp.
Potential Connections via
Relationship Science
You
Astronics Corp.
Owners & Shareholders
Details Hidden

Paradice Investment Management is an active, benchmark agnostic manager which seeks to deliver long-term compounding and capital protection for their investors. The firm seeks diversification across sectors and geographies. Their investment strategy is designed around a diversified portfolio of undervalued global securities, generally with a portfolio of approximately 40-80 investments. The firm employs fundamental, bottom-up investment process to build a diversified portfolio of undervalued global securities that exhibit four key characteristics: undervaluation, business quality, strong financial metrics, and shareholder friendly management teams.

Details Hidden

Cooper Creek Partners Management seeks to build a concentrated portfolio of long and short positions in the stocks of US and Canadian companies whose values may be unlocked by catalysts such as spin-offs, debt-covenant violations, management changes and takeovers.

Details Hidden

Minerva Advisors' primary investment strategy is making investments in equity securities of publicly traded U.S. micro-cap value companies and small-cap value companies. The firm may invest in larger domestic and foreign companies if market conditions present attractive opportunities. The separate accounts and the fund may also utilize a variety of financial instruments, such as derivatives, options, interest rate swaps, caps and floors, futures and forward contracts, to seek a hedge against declines in the values of their portfolio positions as a result of changes in currency exchange rates, changes in equity markets and market interest rates and other events. Minerva Advisors' primary investment strategies include: Long, Exploitation of Market Dislocations, Event Driven (Special Situations), Long-Short, Thrift Conversions, Merger Arbitrage, and Capital Structure Arbitrage.

Recent Transactions
Details Hidden

Astronics Corp. purchases Diagnosys Test Systems Ltd.

Details Hidden

Honeywell International, Inc., Hughey & Phillips LLC purchase Astronics Corp. /Airfield Lighting Business from Astronics Corp.

Details Hidden

Astronics Corp. purchases Freedom Communication Technologies, Inc. from Hanover Partners, Inc., Tuckerman Capital

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Legal Advisor

Advised onAstronics Corp. purchases PECO Manufacturing Co., Inc.

Public Relations

Advised onAstronics Corp. purchases PECO Manufacturing Co., Inc.

Escrow Agent

Advised onAstronics Corp. purchases Freedom Communication Technologies, Inc. from Hanover Partners, Inc., Tuckerman Capital

Co-Founder

Advised onAstronics Corp. purchases PECO Manufacturing Co., Inc.

Legal Advisor

Advised onAstronics Corp. purchases PECO Manufacturing Co., Inc.

Lender

Advised onAstronics Corp. purchases DME Corp.

Clients

FedEx Corporation provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $43 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities.

General Dynamics is a market leader in business aviation; combat vehicles, weapons systems and munitions; shipbuilding and marine systems; and mission-critical information systems and technology. The company was formed in 1952 through the combination of the Electric Boat Company, Consolidated Vultee (CONVAIR) and several others. The company grew organically and through acquisitions until the early 1990s, when they sold many of our defense-related businesses. Starting in the mid-1990s, they began expanding by acquiring combat vehicle-related businesses, additional shipyards, information-technology product and service companies and Gulfstream Aerospace Corporation.

Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.

Key Stats and Financials As of 2019
Market Capitalization
$501M
Total Enterprise Value
$1.09B
Earnings Per Share
$1.6
Revenue
$773M
EBITDAMargin
10.77%
Enterprise Value / Sales
1.42x
Enterprise Value EBITDAOperating
12.84x
TEVNet Income
21.03x
Debt TEV
0.2x
Total Equity
$389M
EBITDA
$83.2M
Total Debt
$218M
Net Profit
$52M
Three Year Compounded Annual Growth Rate Of Revenue
6.87%
Five Year Compounded Annual Growth Rate Of Revenue
3.17%
Non-Profit Donations & Grants
$1,000 - $4,999
2019
$5,000 - $10K
2018
Suppliers
Gilat Satellite Networks Ltd. Entertainment | Petach Tikva, Israel

Gilat Satellite Networks Ltd. engages in the provision of broadband satellite communication and networking solutions and services. It operates through the following business segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The Fixed Networks segment provides advanced fixed broadband satellite communication networks, satellite communication systems and associated professional services and comprehensive turnkey solutions and fully managed satellite network services solutions. The Mobility Solutions segment provides advanced on-the-move satellite communications equipment, systems, and solutions, including airborne, maritime and ground-mobile satellite systems and solutions. The Terrestrial Infrastructure Projects segment provides network infrastructure construction of the fiber and microwave network of PRONATEL in Peru. The company was founded by Yoel Gat, Gideon Kaplan, Amiram Levinberg, Joshua Levinberg, and Shlomo Tirosh in 1987 and is headquartered in Petah Tikva, Israel.

Datronix Holdings Ltd. Electrical Products | Hong Kong

Datronix Holdings Ltd. engage in designing, manufacturing and sale of magnetics used in consumer electronics, data processing appliances and healthcare devices. Its product portfolio include transformers, digital delay modules, inductors, chokes, ASDL transformer, planar magnetics, magnetics for aviation applications, magnetic components, magnetics for hybrid network assemblies, magnetics for power conversion, magnetics for energy savings, magnetics for medical devices, magnetics for internet equipment and magnetics for data acquisition. The company was founded by Yin Tong Siu on February 15, 2000 and is headquartered in Hong Kong.

China Aircraft Leasing Group Holdings Ltd. Holding Companies | Hong Kong

China Aircraft Leasing Group Holdings Ltd. is an investment company, which engages in the provision of aircraft leasing services to airline companies in the United States, Mainland China, and other countries or regions in Europe, Asia, South America, and Middle East. Its services include aircraft procurement; aircraft leasing; fleet upgrade; purchase and leaseback; aircraft trading; aircraft recycling; component trading; and aviation financing. The company was founded in March 2006 and is headquartered in Hong Kong.

Competitors
Lockheed Martin Corporation Aerospace & Defense - Bethesda, MD

Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.

National Instruments Corp. Computer Software - Austin, Texas

Since 1976, National Instruments has equipped engineers and scientists with tools that accelerate productivity, innovation, and discovery. NI’s graphical system design approach provides an integrated software and hardware platform that simplifies development of any system that needs measurement and control. Engineers and scientists use this platform from design to production in multiple industries, advanced research, and academia. The company’s long-term vision and focus on improving society through its technology has led to strong, consistent company growth and success of its customers, employees, suppliers, and shareholders.

Raytheon Technologies Corp. Aerospace & Defense - Waltham, MA

Raytheon Technologies Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missiles and Defense. The Collins Aerospace Systems segment specializes in the aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The Raytheon Intelligence and Space segment involves in the development of sensors, training, and cyber and software solutions. The Raytheon Missiles and Defense segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 2020 and is headquartered in Waltham, MA.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Astronics Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Astronics Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Astronics Corp..