STOCK TITAN

Astronics Corporation Selected by Airbus to Supply Passenger Service Units for A220 Program

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Award validates Astronics' PSU capabilities for Airbus Commercial Aircraft

EAST AURORA, N.Y.--(BUSINESS WIRE)-- 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 Airbus to supply Passenger Service Units (PSUs) for the A220 Family of aircraft. This award marks the first PSU collaboration between Astronics and Airbus.

Leveraging many decades of Astronics expertise developing cabin interiors, the new Astronics PSU will feature the latest materials and technology to enhance the Airbus passenger experience. These enhancements include a modern and updated industrial design, optimized passenger air outlets, latest LED lighting solutions and other design improvements to reduce weight and meet program objectives.

Nick Stevenson, President of Astronics PECO, commented “We have an extensive history of providing creative interior solutions to our commercial aircraft manufacturer customers. Astronics has a long relationship with Airbus, and we are excited to be working in collaboration with the Airbus teams to deliver advanced products for the A220 Program. We appreciate the confidence Airbus has expressed in us and look forward to a long-standing relationship on the Program.”

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.

Company:

Astronics PECO

Nick Stevenson, President

+1.503.387.6433

Source: Astronics Corporation

Astronics Corp

NASDAQ:ATRO

ATRO Rankings

ATRO Latest News

ATRO Stock Data

557.85M
31.81M
2.15%
73.49%
1.01%
Aerospace & Defense
Aircraft Parts & Auxiliary Equipment, Nec
Link
United States of America
EAST AURORA