Astronics Corporation

Founded in 1968 by Thomas L. Robinson, Sr., in East Aurora, New York, Astronics Corporation is a leading provider of advanced technologies for the aerospace, defense, and semiconductor industries. Operating through two segments - Aerospace (86% of revenue) and Test Systems (14%) - it offers in-seat power (EmPower), aircraft lighting, SATCOM connectivity (AeroSat), avionics databus interfaces, and automated test systems (such as the ATS-6100 WFT). With around 2,620 employees across 11 subsidiaries in the Americas, Asia, and Europe, Astronics serves clients such as Boeing (13.6% of 2019 sales) and Panasonic Avionics (13%). Its key acquisitions include PECO (2013, $136M), PGA Electronic (2013, $105M), and EADS T&S (2014, $53M).