Astronics Corp
ATROAstronics Corporation (ATRO) is a provider of advanced aerospace and defense technologies, specializing in electrical power management, lighting, and mission equipment. The company designs and manufactures innovative solutions for commercial and military aircraft, as well as other transportation systems, aiming to enhance safety, efficiency, and passenger comfort.
Company News
The aircraft lighting market is experiencing robust growth, expanding from $1.74 billion in 2025 to $1.86 billion in 2026 with a projected CAGR of 6.3% through 2030, reaching $2.38 billion. Growth is driven by rising commercial aircraft production, widespread LED adoption for energy efficiency, regulatory mandates for improved safety lighting, an...
Astronics Corp acquired Bühler Motor Aviation in an all-cash deal to expand its aircraft seat motion control systems portfolio, expecting $22 million in annual revenue by 2026.
The global aircraft lighting market is projected to grow from $2.17 billion in 2024 to $3.67 billion by 2033, with a 6.1% CAGR, driven by smart lighting systems, sustainability efforts, and enhanced passenger experiences.
The global aircraft lighting market is experiencing growth driven by technological advancements in LED lighting, increasing air travel, and demand for enhanced passenger experiences. Key players are focusing on innovative, energy-efficient lighting solutions across interior, exterior, and cockpit applications.
Astronics Corporation's stock price is up 100% year-to-date as of the end of May, driven by strong business performance and resolution of legacy patent disputes. The company supplies parts and components to the aerospace industry, and its profitability and demand for its products are improving.
