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Also presenting at Gabelli 32nd Annual Aerospace and Defense Symposium 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 Peter J. Gundermann, Chairman, President and Chief Executive Officer, and Nancy L. Hedges, Vice President and Chief Financial Officer, will present and host meetings and at the following conferences: Jefferies Global Industrials Conference: Presentation at 8:10 am ET on Wednesday, September 9, 2026. A live webcast of the presentation, along with presentation materials, will be available at www.astronics.com. A replay of the webcast will be available after the event in the Investors section of the Company’s website. Gabelli 32nd Annual Aerospace and Defense Symposium: Fireside Chat at 1:15pm ET on Thursday, September 10, 2026. The presentation will not be webcast. 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/20260831400580/en/ Company Nancy L. Hedges, CFO Astronics Corporation T: 716.805.1599 Investors Deborah K. Pawlowski Alliance Advisors LLC T: 716.843.3908 dpawlowski@allianceadvisors.com Source: Astronics Corporation
Second quarter sales increased 27.0% to a record $260.0 million Record operating income was $40.5 million, or 15.6% of sales Second quarter net income was $35.1 million, or $0.75 per diluted share; adjusted EBITDA1 was $51.5 million, or 19.8% of sales Record Aerospace sales of $237.3 million drove Aerospace operating margin of 20.3%; adjusted Aerospace operating margin1 was 21.4% Record quarterly bookings reached $306.2 million for book-to-bill of 1.18 and third consecutive record backlog quarter of $780.6 million Generated $30.1 million in cash from operations Raising 2026 revenue guidance to $1.02 billion to $1.04 billion EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission critical industries, today reported financial results for the three and six months ended July 4, 2026. Financial results include the acquisition of Bühler Motor Aviation (“BMA”) on October 13, 2025. Peter J. Gundermann, Chairman, President and Chief Executive Officer, commented, “We had a very strong second quarter, with record sales, operating income, bookings and backlog. Our adjusted EBITDA margin of 19.8% was a multi-year high. We see continued strength across our range of markets and products, resulting in another step up in our forecasted 2026 revenue level. We expect momentum to build during the second half of the year. It is an exciting time for our Company.” Second Quarter Results Three Months Ended Six Months Ended ($ in thousands) July 4, 2026 June 28, 2025 % Change July 4, 2026 June 28, 2025 % Change</span
EAST AURORA, N.Y.--(BUSINESS WIRE)-- Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission critical industries, announced that it will release its fiscal year 2026 second quarter financial results after the close of financial markets on Tuesday, August 11, 2026. The Company will host a conference call and webcast that same day to review its financial and operating results and discuss its corporate strategies and outlook. A question-and-answer session will follow. Second Quarter Fiscal Year 2026 Conference Call Tuesday, August 11, 2026 4:45 p.m. Eastern Time Phone: (201) 493-6784 Webcast: investors.astronics.com A telephonic replay will be available from 8:00 p.m. ET on the day of the call through Tuesday, August 25, 2026. To listen to the archived call, dial (412) 317-6671 and enter replay pin 13761059. The webcast replay can be accessed via the investor relations section of the Company’s website where a transcript will also be posted once 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, military branches, 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. Additional information on Astronics and its solutions can be found at Astronics.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260728757454/en/ For more information, contact: Company Nancy L. Hedges, Chief Financial Officer Phone: (716) 805-1599 Email: invest@astronics.com Investors Deborah K. Pawlowski, Alliance Advisors LLC Phone: 716.843.3908 Email: dpawlowski@allianceadvisors.com Source: Astronics Corporation
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 a favorable judgment has been issued by the UK appellate court presiding over its long-running patent infringement dispute with Lufthansa Technik AG. Lufthansa Technik had filed an appeal of the trial court’s February 2025, judgment on damages, and Astronics had filed three appeals. The UK appellate court dismissed in its entirety Lufthansa Technik’s appeal, and granted one of Astronics’ appeals, which will require Lufthansa Technik to make a partial refund to Astronics of damages previously paid, in an amount yet to be determined. Additional amounts may be payable to Astronics for attorney fees associated with certain elements of the case, based on the court’s decision. Either party may request an appeal of the appellate court’s decision to the UK Supreme Court, though it is uncertain if the Supreme Court will choose to hear any further appeals. 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. Safe Harbor Statement This news release contains forward-looking statements as defined by the Securities Exchange Act of 1934. One can identify these forward-looking statements by the use of the words “expect,” “anticipate,” “plan,” “may,” “will,” “estimate” or other similar expressions and include all statements with regard to the timing and amount of the refund of damages previously paid resulting from the appellate ruling, the potential for refund of some amount of attorney fees associated with the appeal, and the ability of the parties to appeal to the UK Supreme Court. Because such statements apply to future events, they are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the statements. Important factors that could cause actual results to differ materially from what may be stated here include the trend in growth with passenger power and connectivity on airplanes, the state of the aerospace and defense industries, the market acceptance of newly developed products, internal production capabilities, the timing of orders received, the status of customer certification processes and delivery schedules, the demand for and market acceptance of new or existing aircraft which contain the Company’s products, the need for new and advanced test and simulation equipment, customer preferences and relationships, and other factors which are described in filings by Astronics with the Securities and Exchange Commission. Except as may be required by applicable law, the Company assumes no obligation to update forward-looking information in this news release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise. </
New Ballard NG3 AI Accelerator offers MOSA-aligned AI edge inference EAST AURORA, NY, July 21, 2026 – Astronics Corporation (Nasdaq: ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission critical industries, today announced the Ballard NG3 AI Accelerator, a rugged, low‑SWaP edge computing solution designed to bring deployable artificial intelligence to aerospace and defense platforms. The NG3 AI Accelerator combines the Hailo‑8R artificial intelligence (AI) processor with the proven NG3 avionics computing platform to deliver compact, efficient, and rugged edge AI capabilities aligned with Modular Open Systems Approach (MOSA) principles and commercial off‑the‑shelf (COTS) deployment requirements. NG3 AI Accelerator from Astronics provides a MOSA‑aligned, COTS‑ready aerospace‑grade AI platform that helps defense and aerospace programs rapidly field AI‑enabled capabilities. Delivering up to 13 trillion operations per second (TOPS) of AI inference at approximately 3 TOPS per watt in a small, low‑SWaP form factor, the NG3 AI Accelerator is optimized for airborne edge computing environments where power, space, and environmental margins are tight. Rigorous qualification to DO‑160, MIL‑STD‑810, MIL‑STD‑461, and MIL‑STD‑704 demonstrates its ability to handle shock, vibration, EMI, and power variations typical of helicopters, fixed‑wing aircraft, ground vehicles, and unmanned systems. “Our customers need edge AI solutions they can deploy quickly and confidently,” said Jon Neal, President of Astronics Advanced Electronic Systems. “The Ballard NG3 AI Accelerator delivers a compact, rugged AI platform that seamlessly integrates directly into existing avionics architectures, eliminating additional gateways while enabling efficient, low‑risk deployment of AI capabilities at the edge. It builds on decades of Ballard experience in avionics computing with Hailo’s advanced AI processing to give defense and aerospace programs a COTS‑ready path to fielding AI‑enabled capabilities in a form factor they know they can depend on.” Purpose-built for airborne edge computing, the NG3 AI Accelerator integrates AI processing with native avionics I/O—such as MIL‑STD‑1553, ARINC 429/708/717, discrete I/O, and Ethernet—in a single unit. This allows direct connection to aircraft databuses and sensors without additional protocol converters, reducing system complexity, wiring, and latency while helping minimize overall SWaP. Programs can leverage the NG Family’s existing ecosystem of avionics interfaces and computing platforms to modernize mission architectures without disruptive redesign. At its core, the Hailo‑8R Neural Processing Unit (NPU) delivers efficient, on‑device inference for vision, signal, and sensor‑fusion workloads, supporting a wide range of AI models and frameworks. This broad support enables developers to reuse existing workflows and libraries while tailoring solutions for missions ranging from object detection and tracking to audio processing and on‑board decision support—all within the same compact edge platform. As a flagship member of the Ballard NG Family, the NG3 AI Accelerator provides aerospace and defense programs with a practical path to deploying advanced edge‑AI capabilities on a robust, aerospace‑grade platform. It allows customers to unlock new levels of situational awareness, automation, and responsiveness, without sacrificing SWaP, reliability, or low integration risk. Backed by Astronics’ Ballard br