DALLAS, July 8, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring leading lighting subsystems provider for the global aeronautics industry, Astronics Corp. The report details Astronics' electrical power generation system applications, financial and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Astronics Corp. (Nasdaq:ATRO) should be of particular interest to other aerospace industry players: LMI Aerospace Inc. (Nasdaq:LMIA), BE Aerospace Inc. (Nasdaq:BEAV), Curtiss-Wright Corp. (NYSE:CW) and TransDigm Group Inc. (NYSE:TDG).
It is available at: http://www.beaconequity.com/i/ATRO
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Astronics, through its subsidiaries, designs and manufactures lighting components and subsystems, as well as electrical power generation and in-flight control and power distribution systems for the aircraft market. ATRO now has two reportable segments, Aerospace and Test Systems.
In the report, the analyst notes:
"Despite the difficult environment, Astronics Corp. (ATRO) achieved record sales in the Q1 2009, mainly due to the acquisition of DME Corporation (DME). Some of the Company's biggest customers cut production plans during the quarter, resulting in lower demand for its offering. ATRO responded to lower sales volumes by cutting costs and aligning its operations to conform to lower demand. .
"In January 2009, for $50 million, ATRO acquired 100% of DME Corporation (DME), a privately held company founded in 1976 with revenue of approximately $86 million in 2008. DME is a leading provider of military test, training and simulation equipment as well as commercial aviation safety equipment and airfield lighting systems. The acquisition of DME strengthens ATRO's positions in the military and defense markets and adds aviation safety niche."
To read the entire report visit: http://www.beaconequity.com/i/ATRO
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