Astronics Awarded Development and Production Contract for Anti-Collision Light Kits.* Designed for the T-45 Goshawk The T-45 Goshawk is a highly modified version of the BAE Hawk land-based training jet aircraft. Built by McDonnell Douglas (now Boeing), the T-45 is used by the United States Navy as an aircraft carrier-capable trainer. Naval Training Aircraft EAST AURORA, N.Y. -- Astronics Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ATRO ATRO Actual Time of Return to Operation ), a trusted leader in innovative, high performance lighting, electrical generation, control and distribution systems for the global aerospace industry, announced today that it received a $1.2 million order from Boeing Integrated Defense Systems Boeing Integrated Defense Systems (Boeing IDS), based in St. Louis, Missouri, USA, is a unit of The Boeing Company responsible for defense and aerospace products and services. , a unit of The Boeing Company (NYSE NYSE See: New York Stock Exchange : BA), to develop and produce an anti-collision light kit for the T-45 Goshawk Naval Training Aircraft. Boeing has delivered more than 200 T-45 Goshawk's. Designed using light emitting diode See LED. (LED) technology as its illumination source, the cutting-edge anti-collision light will replace rotating beacon A rotating beacon is a device used to assist pilots in finding an airport, particularly those flying in IMC or VFR at night. Additionally, the rotating beacon provides information about the type of airport through the use of a particular set of color filters. lights currently mounted on the fuselage and provide a significant improvement in performance and reliability. Astronics' aircraft navigational lighting products are designed to withstand the extreme shock and vibration common to the rugged environment of military aircraft. Development of the product is scheduled to be completed in January 2009 with product shipments to span a one-year period beginning in June 2009. ABOUT ASTRONICS CORPORATION Astronics Corporation is a trusted leader in innovative, high performance lighting, electrical generation, control and distribution systems for the global aerospace industry. Its strategy is to expand the value and content it provides to various aircraft platforms through product development and acquisition. Astronics Corporation, and its wholly-owned subsidiaries Astronics Advanced Electronic Systems Corp. and Luminescent lu·mi·nes·cent adj. Capable of, suitable for, or exhibiting luminescence. [Latin l men, l Systems Inc., have a reputation for high quality
designs, exceptional responsiveness, strong brand recognition and
best-in-class manufacturing practices.
For more information on Astronics and its products, visit its website at www.Astronics.com. ABOUT BOEING INTEGRATED DEFENSE SYSTEMS A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32.1 billion business with 71,000 employees worldwide. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined by the Securities Exchange Act of 1934. One can identify these forward-looking statements by the use of the words "expect," "anticipate," "plan," "may," "will," "estimate" or other similar expression. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially from those contemplated by the statements. Important factors that could cause actual results to differ materially include the state of the aerospace industry, the market acceptance of newly developed products, internal production capabilities, the timing of orders received, the status of customer certification processes, the demand for and market acceptance of new or existing aircraft which contain the Company's products, customer preferences, and other factors which are described in filings by Astronics with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking information in this press release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise. |
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