The Latest Breaking News from ATRO

Astronics Corp. (NASDAQ:ATRO), a supplier of advanced aerospace and defense technologies, has acquired Bühler Motor Aviation (BMA) from Bühler Motor Group in an all-cash deal to expand its aircraft seat motion control systems portfolio.

Two overlooked companies that have nonetheless staged massive rallies in recent months may merit further consideration by momentum-focused investors.

Geopolitical tensions have heightened defense spending, which is expected to create opportunities for the industry. Therefore, it could be wise for investors to buy defense stocks TransDigm (TDG), Ducommun (DCO), and Astronics (ATRO). Read more.

Shares of prominent defense stocks rallied after Russia invaded Ukraine, thanks to the increased military spending globally. Since the market for defense components is expected to remain elevated, buying the dip in quality defense stocks Moog Inc. (MOG.A), Airbus SE (EADSY), Astronics Corp. (ATRO), Textron (TXT), and Sturm, Ruger &…

Lilium N.V. (NASDAQ:LILM) has selected Astronics Corp (NASDAQ:ATRO) to design, develop, and build its electrical power distribution system. Financial terms not disclosed. The supplier agreement follows over a year of collaborative work between the parties. Astronics will be responsible for the secondary power distribution units (SPDUs) and charging power distribution units (CPDUs). Lilium Jets…

Astronics Corp (NASDAQ:ATRO) has secured a contract from Southwest Airlines Co (NYSE:LUV) to provide EMPOWER Passenger In-Seat Power System for installation on 475 Boeing Co (NYSE:BA) 737 MAX-7 and MAX-8 aircraft. Financial terms not disclosed. The award is part of Southwest's recently announced cabin upgrade initiative to enhance the customer experience. The system configuration selected by Southwest will provide 60W…

Astronics (NASDAQ:ATRO) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know before the announcement. Analysts estimate that Astronics will report an earnings per share (EPS) of $0.07.

The space industry witnessed a record private investment last year, reflecting a growing interest in this domain. Moreover, the space ecosystem is advancing with significant investments in research and development. Given this backdrop, space stocks Trimble (TRMB), Aerojet (AJRD), and Astronics (ATRO), which are rated Buy in our proprietary rating…

Astronics Corp (NASDAQ:ATRO) reported Q4 preliminary revenue of $116 million (+1.1% year-over-year) and preliminary bookings of $177 million (+52.6% Y/Y) for a book-to-bill of 1.5. The Q4 revenue included $99 million from the Aerospace segment and $17 million from the Test segment. Bookings for the Aerospace segment were ~$147 million, nearly…