Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers; and aircraft operators, such as airlines and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and communications and mass transit industries, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company also sells inflight entertainment and connectivity products, and lower antenna; and wireless communication testing primarily for the civil land mobile radio market. Astronics Corporation was founded in 1968 and is headquartered in East Aurora, New York.
IPO Year:
Exchange: NASDAQ
Website: astronics.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/20/2021 | $19.00 | Neutral → Buy | Colliers Securities |
Colliers Securities upgraded Astronics from Neutral to Buy and set a new price target of $19.00
Canaccord Genuity resumed coverage of Astronics with a rating of Buy and set a new price target of $20.00