Astronics Test Systems to Provide Major Test Program for Transportation Industry
Astronics Corporation (ATRO)
Last astronics corporation earnings: 2/26 06:30 am
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Source: Business Wire
EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq:ATRO), a leading provider of advanced technologies for the global aerospace, defense and semiconductor industries, announced today that its wholly owned subsidiary Astronics Test Systems, has entered into a formal letter of intent (“LOI”) to provide a test system program for a customer in the transportation industry. The LOI provides for an anticipated program value of approximately $30 million with additional options for up to a total value of approximately $50 million over the next five years. Astronics expects to finalize the remaining terms of the contract and receive a formal contract award within 60 days. In the meantime, systems design and development will begin. “The selection of our test system solutions for this application is a testament to the technical competency and engineering excellence of our test business,”
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ATRO
Earnings
- 11/8/23 - Miss
ATRO
Sec Filings
- 4/1/24 - Form 8-K
- 3/26/24 - Form ARS
- 3/26/24 - Form DEFA14A
- ATRO's page on the SEC website