Astronics Cp (ATRO) 34.73 $ATRO Giga-tronics Announces

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Astronics Cp (ATRO) 34.73 $ATRO

Giga-tronics Announces the Sale of its Switch Product Line to Astronics for $850,000
GlobeNewswire - Thu Jun 23, 3:02PM CDT
Giga-tronics Incorporated ("Giga-tronics" (NASDAQ:GIGA) announced today an agreement for the sale of its Switch product line to Astronics Test Systems Inc. ("Astronics", a wholly owned subsidiary of Astronics Corporation (NASDAQ:ATRO). Upon signing, Astronics paid $850,000 for the intellectual property of the product line. Giga-tronics is estimating a net gain in the quarter ending June 25, 2016 of $650,000 after related expenses are subtracted from the sales price. Astronics is also purchasing approximately $500,000 of related materials inventory from Giga-tronics. The materials inventory will transfer throughout July and August of 2016.
ATRO: 34.73 (+1.79), GIGA: 1.06 (-0.02)

Astronics Corporation Awarded EmPower(R) Contracts from Three Major Asia Airlines
GlobeNewswire - Thu Jun 23, 8:00AM CDT
Astronics Corporation (NASDAQ:ATRO), a leading supplier of products to the global aerospace, defense, and semiconductor industries, today announced the newest EmPower in-seat power system from wholly-owned subsidiary Astronics Advanced Electronic Systems (AES) has been selected by three major airlines in Asia for installations scheduled through the 2017 to 2021 timeframe. These recent awards will place in-seat power in more than 230 additional aircraft serving the Asia Pacific region. The installations, valued at more than $16 million, will be in Boeing 737, 737-800 & 737 MAX, Airbus A320 and Bombardier CS300 aircraft.
ATRO: 34.73 (+1.79)

Astronics Corporation to Present at the Drexel Hamilton Aerospace & Defense Conference
GlobeNewswire - Thu May 26, 3:15PM CDT
Astronics Corporation (NASDAQ:ATRO), a leading supplier of products to the global aerospace, defense, and semiconductor industries, today announced that Peter J. Gundermann, President & Chief Executive Officer, and David C. Burney, Executive Vice President & Chief Financial Officer, will present at the Drexel Hamilton Aerospace & Defense Conference in New York City on Thursday, June 9, 2016.
ATRO: 34.73 (+1.79)

Astronics' Wireless Aircraft Interface Device Certified for Boeing 737
GlobeNewswire - Mon May 23, 9:30AM CDT
Astronics Corporation (NASDAQ:ATRO), a leading provider of advanced technologies for the global aerospace, defense and semiconductor industries, announced today it has received a Supplemental Type Certificate (STC) and Parts Manufacturing Approval (PMA) for its webFB Wireless Electronic Flight Bag (EFB) device for use on Boeing 737 aircraft. This approval represents the first time a wireless Aircraft Interface Device (AID) has been certified for use in the flight deck by the Federal Aviation Administration (FAA).
ATRO: 34.73 (+1.79)

Astronics posts 1Q profit
Automated Insights - Wed May 04, 8:18AM CDT
EAST AURORA, N.Y. (AP) _ Astronics Corp. (ATROB) on Wednesday reported first-quarter earnings of $11.5 million.
ATRO: 34.73 (+1.79)

Astronics Corporation Reports 2016 First Quarter Financial Results
GlobeNewswire - Wed May 04, 5:55AM CDT
-- Earnings per share increased 7.3% to $0.44 despite lower consolidated revenue
ATRO: 34.73 (+1.79)

Astronics Launches Next-Gen Radio Test Set That Combines Nine Test Capabilities in One Device
GlobeNewswire - Thu Apr 28, 5:55AM CDT
Astronics Corporation (NASDAQ:ATRO), through its wholly-owned subsidiary Astronics Test Systems, is introducing a breakthrough radio test solution for use in commercial aerospace, military, and civil security applications. The new CTS 6000 Series radio test set, which was unveiled at the Army Missions Solution Summit in Atlanta, GA on April 28, 2016, incorporates nine test capabilities into a single tester with an easy-to-use, modern touchscreen interface for testing radio communications systems at the factory, at the depot or in the field.
ATRO: 34.73 (+1.79)

Astronics Corporation Announces First Quarter 2016 Financial Results Conference Call and Webcast
GlobeNewswire - Mon Apr 25, 3:15PM CDT
Astronics Corporation (NASDAQ:ATRO), a leading supplier of products to the global aerospace, defense, electronics and semiconductor industries, announced today that it will release its first quarter 2016 financial results before the opening of financial markets on Wednesday, May 4, 2016.
ATRO: 34.73 (+1.79)

Astronics Announces Orders for its Test Systems Semiconductor Product Line
GlobeNewswire - Thu Apr 21, 5:55AM CDT
Astronics Corporation (NASDAQ:ATRO) ("Astronics", a leading supplier of products to the global aerospace, defense, electronics and semiconductor industries, announced today that its wholly-owned subsidiary, Astronics Test Systems ("ATS", has been awarded a number of follow-on orders from its largest customer valued at approximately $20 million. These orders are for additional production test systems, retooling, services, and support. The orders will mostly be reflected in the second quarter of 2016's bookings, while revenue will be concentrated in the third quarter of 2016.
ATRO: 34.73 (+1.79)

Shares of ATRO Up 22.0% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Apr 19, 1:33PM CDT
SmarTrend identified an Uptrend for Astronics (NASDAQ:ATRO) on February 29th, 2016 at $31.90. In approximately 2 months, Astronics has returned 22.01% as of today's recent price of $38.92.
ATRO: 34.73 (+1.79)

Astronics Up 17.9% Since SmarTrend Uptrend Call (ATRO)
Comtex SmarTrend(R) - Fri Apr 08, 1:21AM CDT
SmarTrend identified an Uptrend for Astronics (NASDAQ:ATRO) on February 29th, 2016 at $31.90. In approximately 1 month, Astronics has returned 17.93% as of today's recent price of $37.62.
ATRO: 34.73 (+1.79)

Astronics Corporation Awarded Emergency Lighting and Passenger Service Units (PSU) Contract for the Embraer E2 Program
GlobeNewswire - Thu Apr 07, 5:55AM CDT
Astronics Corporation (NASDAQ:ATRO), a leading supplier of products to the global aerospace, defense, consumer electronics and semiconductor industries, announced today that its Luminescent Systems Inc. subsidiary has been selected by Diehl Aerospace GmbH to design, develop and supply the emergency lights for the Embraer E2 program, the latest generation regional aircraft of the Brazilian manufacturer. In addition, Diehl Aerospace GmbH selected PECO Inc., Astronics' subsidiary specializing in cabin interior, structures and military assemblies, to design, develop and manufacture the E2 program's Passenger Service Units. Diehl Aerospace GmbH was selected by Embraer as the prime contractor to supply the entire Cabin Lighting System, the Cabin Management System and the Passenger Service Units for the new E2 family of regional aircraft.
ATRO: 34.73 (+1.79)

Astronics Has Returned 20.5% Since SmarTrend Recommendation (ATRO)
Comtex SmarTrend(R) - Wed Feb 10, 9:36AM CST
SmarTrend identified a Downtrend for Astronics (NASDAQ:ATRO) on January 8th, 2016 at $36.79. In approximately 1 month, Astronics has returned 20.54% as of today's recent price of $29.23.
ATRO: 34.73 (+1.79)

Astronics Corporation Announces Fourth Quarter and Full Year 2015 Financial Results Conference Call and Webcast
GlobeNewswire - Mon Feb 08, 3:05PM CST
Astronics Corporation (NASDAQ:ATRO), a leading supplier of products to the global aerospace, defense, consumer electronics and semiconductor industries, announced today that it will release its fourth quarter and full year 2015 financial results before the opening of financial markets on Wednesday, February 17, 2016.
ATRO: 34.73 (+1.79)

Astronics Down 18.2% Since SmarTrend Downtrend Call (ATRO)
Comtex SmarTrend(R) - Tue Feb 02, 3:36PM CST
SmarTrend identified a Downtrend for Astronics (NASDAQ:ATRO) on January 8th, 2016 at $36.79. In approximately 4 weeks, Astronics has returned 18.17% as of today's recent price of $30.10.
ATRO: 34.73 (+1.79)

Shares of ATRO Down 18.2% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Feb 02, 2:20PM CST
SmarTrend identified a Downtrend for Astronics (NASDAQ:ATRO) on January 8th, 2016 at $36.79. In approximately 4 weeks, Astronics has returned 18.17% as of today's recent price of $30.10.
ATRO: 34.73 (+1.79)

New Strong Sell Stocks for January 18th
Zacks Equity Research - Zacks Investment Research - Mon Jan 18, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
ACAS: 15.86 (unch), APU: 47.91 (+0.75), APOG: 46.51 (+0.45), ATRO: 34.73 (+1.79), FCCY: 11.83 (-0.16)

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