Profile: Astronics Corporation (ATRO.O)

Astronics Corporation is a supplier of lighting, electronics and power distribution systems for the global aerospace industry. The Company sells its products to airframe manufacturers in the commercial transport, business jet, military markets, original equipment manufacturers (OEM) suppliers, and aircraft operators worldwide. The Company provides its products through its wholly owned subsidiaries Luminescent Systems, Inc., Luminescent Systems Canada, Inc., and Astronics Advanced Electronic Systems Corp. (AES). On January 30, 2009 Astronics acquired DME Corporation (DME).

The Company’s products are sold worldwide to manufacturers of business jets, military aircraft, and commercial transports, as well as airlines and suppliers to the OEM’s. During the year ended December 31, 2008, the Company’s sales were divided 60% to the commercial transport market, 20% to the military market, 19% to the business jet market, and the balance of 1% to other markets. The Company is engaged in a variety of engineering and design activities as well as basic research and development activities. The Company operates four principal facilities located in New York State, New Hampshire, Washington State and Quebec, Canada.