Astronics: Aerospace And Defense
Astronics Corporation was founded in 1968 and is based in East Aurora, New York. The firm is a leader in advanced, high performance electrical power and motion, lighting and safety, specialized avionics, structure products and automated test systems for the global aerospace and defense industries.
The firm’s strategy is to develop and maintain positions of technical leadership in its chose aerospace and defense markets, to leverage those positions to grow the amount of content and volume of product it sells to those markets and to selectively acquire businesses with similar technical capabilities that could benefit from their leadership position and strategic direction.
This cutting-edge company does business in two segments: Aerospace and Test Systems. The Aerospace segment provides aircraft lighting and safety systems; electrical power generation, distribution, and motion systems; aircraft structures; avionics products; and other products. This segment serves airframe manufacturers that build aircraft for the commercial, military, and general aviation markets; suppliers; and aircraft operators like airlines and branches of the U.S. Department of Defense, as well as the Federal Aviation Administration and airport operators.
The Test Systems segment designs, develops, manufactures, and maintains communications and weapons testing systems, and training and simulation devices for military applications. This segment sells its products mainly to the U.S. military, foreign militaries, and manufacturers of military communication systems.
Astronics Corporation, and its wholly-owned subsidiaries, Astronics Aerosat Corporation, Astronics Advanced Electronics Systems Corporation, Ballard Technology, Inc., DME Corporation, Luminescent Systems, Inc., Max-Viz, Inc. PECO, Inc., and PGA Electronics, S.A., have a reputation for high-quality designs, exceptional responsiveness, strong brand recognition and best-in-class manufacturing practices.
Kevin T. Keanne since 1974 has served as Chairman of the Board, prior to that he was the President and CEO of Astronics. Kevin started his career with the firm as Executive Vice President in 1970 and remains active in his role as Chairman. He holds an A.B. in Economics and an MBA from Harvard University.