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Astronics' Record Quarter Came From Airliner Cabins, Not Military Work

Sales rose 28.5% to $271.7 million. Military aircraft sales grew 5%; the Army radio test sets are the defence growth.

Delfim de Almeida1 min read
Illustration of an empty row of generic airliner seats with blank seatback screens and overhead reading lights
Illustration

Astronics sold a record $271.7 million of aircraft equipment in the third quarter, up 28.5% from a year earlier, the New York supplier said on 10 November. It made $52.2 million of net income, against a loss of $11.1 million a year before.

Astronics does not build aircraft. It makes the electrical power systems, lighting, cabin connectivity and seat motion systems inside them, and test equipment for the US Army.

The growth came from airliners. Commercial transport sales rose $43.0 million, or 28.8%, on demand for in-flight entertainment and connectivity, seat motion, and lighting and safety products, the company said. General aviation sales rose 51.7% to $21.1 million. Military aircraft sales rose 5.3% to $29.0 million, about a ninth of the total.

The defence growth was in test sets. Test Systems sales rose 40% to $26.2 million, driven by the Army’s TS-4549/T radio test program, which brought in $5.3 million in the quarter. Astronics expects the program to reach full-rate production in the first quarter of 2027. The segment booked $12.8 million of new orders, about half what it sold.

Some of the profit will not repeat. The quarter included a $4.4 million refund after Astronics won a patent appeal in the UK, $1.9 million of tariff refunds and a $1.0 million settlement.

Astronics kept its forecast of $1.02 billion to $1.04 billion of sales for 2026. Peter Gundermann, its chairman and chief executive, said the company’s preliminary outlook for 2027 “suggests another year of strong double digit growth”. It booked $1.12 billion of orders over the past twelve months and expects about 83% of its $780.0 million backlog to become sales within a year.

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