OverviewSuggest Edit

Astronics Corporation is a company that designs and manufactures products for the aerospace, defense, electronics, and semiconductor industries. It operates in two segments: Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation, aircraft structures, and system certification and other products. The Test Systems segment develops, manufactures, and maintains automatic test systems, subsystems, and instruments, as well as training and simulation devices for commercial and military applications. The Company also provides engineering, design, and certification solutions for commercial aircraft, specializing in connectivity, in-flight entertainment, and electrical power systems.

TypePublic
Founded1968
HQEast Aurora, US
Websiteastronics.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2018)2,700(+8%)
Revenue (FY, 2018)$803.3 M(+29%)
Share Price (Nov 2019)$30.9 (-1%)

Key People/Management at Astronics

Peter J. Gundermann

Peter J. Gundermann

President and Chief Executive Officer
David C. Burney

David C. Burney

Executive Vice President and Chief Financial Officer
James S. Kramer

James S. Kramer

President, Astronics Luminescent Systems
Mark A. Peabody

Mark A. Peabody

President, Astronics Advanced Electronic Systems
James F. Mulato

James F. Mulato

President, Astronics Test Systems
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Astronics Office Locations

Astronics has offices in East Aurora, Clackamas, Everett, Fort Lauderdale and in 13 other locations
East Aurora, US (HQ)
130 Commerce Way
Clackamas, US
11241 SE Hwy 212
Everett, US
11400 Airport Rd #201
Everett, US
11400 Airport Rd #201
Fort Lauderdale, US
6830 NW 16th Terrace
Irvine, US
4 Goodyear
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Astronics Financials and Metrics

Astronics Revenue

Embed Graph
View revenue for all periods
Astronics's revenue was reported to be $803.26 m in FY, 2018 which is a 28.6% increase from the previous period.
USD

Revenue (Q2, 2019)

189.1m

Gross profit (Q2, 2019)

40.4m

Gross profit margin (Q2, 2019), %

21.3%

Net income (Q2, 2019)

6.7m

EBIT (Q2, 2019)

10.6m

Market capitalization (7-Nov-2019)

1.0b

Closing stock price (7-Nov-2019)

30.9

Cash (29-Jun-2019)

17.1m

EV

1.1b
Astronics's current market capitalization is $1 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

661.0m692.3m633.1m624.5m803.3m

Revenue growth, %

94%5%(9%)(1%)29%

Cost of goods sold

494.0m504.3m473.7m487.4m622.6m

Gross profit

167.0m187.9m159.5m137.1m180.7m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

56.2m67.0m48.4m19.7m46.8m

Depreciation and Amortization

27.3m25.3m25.8m27.1m35.0m

Inventories

25.7m(2.5m)(2.7m)(18.1m)(14.7m)

Accounts Payable

(8.0m)(2.2m)(2.0m)10.4m9.2m
USDY, 2019

EV/EBIT

105.5 x

EV/CFO

123.1 x

EV/FCF

521.3 x

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
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Astronics Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Freedom Communication TechnologiesJuly 02, 2019$22 m
TelefonixOctober 27, 2017
Custom Control ConceptsApril 03, 2017
Armstrong AerospaceDecember 24, 2014
PGA ELECTRONICDecember 09, 2013
AeroSat CorporationOctober 01, 2013
PECOMay 28, 2013$136 m
Max-VizJuly 31, 2012$10 m
Ballard TechnologyNovember 30, 2011$24 m
DME CorporationJanuary 29, 2009
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Astronics Revenue Breakdown

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Astronics revenue breakdown by business segment: 84.1% from Aerospace and 15.9% from Test Systems

Astronics revenue breakdown by geographic segment: 14.0% from Asia, 12.2% from Europe, 71.7% from United States and 2.1% from Other

Astronics Online and Social Media Presence

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Astronics News and Updates

Global Commercial Airport Lighting Market 2019-2023 - Major Players are Astronics, atg airports, Carmanah Technologies, Eaton, and Signify

DUBLIN, May 3, 2019 /PRNewswire/ -- The "Global Commercial Airport Lighting Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The commercial airport lighting market will register a CAGR of nearly 8% by 2023. Construction of new airports and modernization of...

Global Aircraft Electrical Systems Market Forecast to 2025 Featuring Leading Players - AMETEK, Safran, Astronics, Amphenol, Esterline Technologies , Honeywell, Meggitt, and Thales Group

DUBLIN, April 15, 2019 /PRNewswire/ -- The "Aircraft Electrical Systems Market by System, Component, Platform, End-User, Application & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The aircraft electrical systems market size is projected to...

Aircraft Lighting Systems 2019 Global Market Key Players – Honeywell, B/E Aerospace, Goodrich Corporation, Diehl Aerospace, United Technologies Corporation, Astronics Corporation – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Aircraft Lighting Systems Market Professional Survey Report 2019” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Radio Communication Tester Market Is Developing Its Presence with | Keysight Technologies, Aeroflex, Anritsu, Astronics Test Systems

HTF MI released a new market study on Global Radio Communication Tester Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. Posted via Industry Today. Follow us on Twitte…

Airfield Lighting Solutions Market Demand & Competitive Analysis by Leading Manufacturers Carmanah, Cree, Astronics, Vosla, Abacus Light

HTF MI released a new market study on Global Airfield Lighting Solutions Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete asses…

Semiconductor Automated Test Equipment (ATE) Market Analysis 2018: Advantest, Chroma ATE, Astronics Test Systems, Teradyne, LTX-Credence, National Instruments, Roos Instruments

"Semiconductor Automated Test Equipment (ATE) Market", published by Qurate Research, provides extensive insight and analysis of the Semiconductor Automated Test Equipment (ATE) Market over the next eight years (2018-2023) and acts as a vital point of reference for operators or suppliers. Posted via …
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Astronics Frequently Asked Questions

  • When was Astronics founded?

    Astronics was founded in 1968.

  • Who are Astronics key executives?

    Astronics's key executives are Peter J. Gundermann, David C. Burney and James S. Kramer.

  • How many employees does Astronics have?

    Astronics has 2,700 employees.

  • What is Astronics revenue?

    Latest Astronics annual revenue is $803.3 m.

  • What is Astronics revenue per employee?

    Latest Astronics revenue per employee is $297.5 k.

  • Who are Astronics competitors?

    Competitors of Astronics include Ducommun, Arotech and Keysight Technologies.

  • Where is Astronics headquarters?

    Astronics headquarters is located at 130 Commerce Way, East Aurora.

  • Where are Astronics offices?

    Astronics has offices in East Aurora, Clackamas, Everett, Fort Lauderdale and in 13 other locations.

  • How many offices does Astronics have?

    Astronics has 20 offices.