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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Astronics Corporation | NASDAQ:ATRO | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.15 | 6.68% | 18.37 | 17.80 | 19.00 | 18.38 | 17.00 | 17.49 | 183,127 | 00:27:27 |
Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has been selected by the U.S. Army as the down select winner for the development of its Radio Test Set referred to as TS-4549/T. This program will replace aging GRM-122 radio test equipment for tactical radios in the U.S. Army. It will be an ID/IQ program (Indefinite Delivery/Indefinite Quantity) with anticipated deliverables over multiple years.
Astronics will be working with the Army to finalize contract terms and expects to issue further information as available.
About Astronics Corporation
Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets.
For more information on Astronics and its solutions, visit Astronics.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220824005192/en/
Company Contact: David C. Burney Executive Vice President and CFO invest@astronics.com +1.716.805.1599 Investor Contact: Kei Advisors LLC Deborah K. Pawlowski Investor Relations dpawlowski@keiadvisors.com +1.716.843.3908
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