Astronics Updates Q4 Revenue Outlook, Reports $669M Backlog and Refinancing at NEDM Conference

Astronics, a commercial aerospace company, reported 70% exposure to commercial aerospace, with 21% from government sources and 10% from general aviation. Chairman Peter Gundermann attributed the company's pandemic-era decline and rebound to its exposure to commercial transport. Astronics has three core product areas: connectivity, lighting, and electrical power. The company expects 2026 volume to be 10% to 15% higher than 2025. Astronics also discussed its recent acquisitions and refinancing activities.