Astronics' Electronic Power Distribution System to be Installed on New Bell
525 Relentless Helicopter
EAST AURORA, N.Y., Dec. 3, 2013 (GLOBE NEWSWIRE) -- Astronics Corporation
(Nasdaq:ATRO), a leading provider of advanced technologies for the global
aerospace and defense industries, announced today that its wholly-owned
subsidiary, Astronics Advanced Electronic Systems Corp. (Astronics AES), will
be supplying Bell Helicopter with the Secondary Electronic Power Distribution
System (EPDS) for the new Bell 525 Relentless.
Astronics designs and builds modern electrical distribution systems, which
safely and efficiently manage aircraft power. The secondary EPDS selected by
Bell Helicopter employs Astronics' electronic circuit breaker units. These
units, with solid state circuit breakers, are smaller and lighter than their
conventional counterparts and can also be conveniently located throughout the
aircraft. This placement creates a more evenly distributed system, thereby
reducing wire weight. This is the third announced aircraft of five current
programs for which Astronics has been selected to provide its EPDS products.
The new Bell 525 Relentless is the first commercial helicopter to define the
super-medium product class by combining best-in-class performance
characteristics and passenger amenities while integrating step-change
technology throughout the aircraft.It provides unparalleled crew situational
awareness through the use of a fully integrated glass flight deck, coupled
with an advanced fly-by-wire flight control system, resulting in enhanced
safety levels and mission capabilities.With its advanced aerodynamic design,
the Bell 525 Relentless' payload/range performance and cabin volume make it
ideal for the oil and gas industry, especially for deep-water missions. The
aircraft is expected to make its first flight in 2014.
"This award validates the viability of the Astronics EPDS to improve safety,
reduce crew workload and reduce weight in both rotary and fixed wing aircraft,
while improving electrical system reliability," noted Peter J. Gundermann,
President and CEO of Astronics Corporation."We are pleased to work with Bell
on the exciting and innovative 525 program."
Known for innovative technology and personalized customer response, Astronics
has offered efficient power system management and integrated solutions for
over half a century.
ABOUT ASTRONICS CORPORATION
Astronics Corporation (Nasdaq:ATRO) is a leader in advanced, high-performance
lighting, electrical power and automated test systems for the global aerospace
and defense industries.Astronics' strategy is to develop and maintain
positions of technical leadership in its chosen aerospace and defense markets,
to leverage those positions to grow the amount of content and volume of
product it sells to those markets and to selectively acquire businesses with
similar technical capabilities that could benefit from our leadership position
and strategic direction. Astronics Corporation, and its wholly-owned
subsidiaries, Astronics Advanced Electronic Systems Corp., Ballard Technology,
Inc., DME Corporation, Luminescent Systems Inc., Max-Viz, Inc., AeroSat and
PECO, Inc., have a reputation for high-quality designs, exceptional
responsiveness, strong brand recognition and best-in-class manufacturing
practices.The Company routinely posts news and other important information on
its Web site at www.astronics.com.
For more information on Astronics and its products, visit its Web site at
ABOUT BELL HELICOPTER
Bell Helicopter, a wholly-owned subsidiary of Textron Inc., is an
industry-leading producer of commercial and military, manned and unmanned
vertical-lift aircraft and the pioneer of the revolutionary tiltrotor
aircraft. Globally recognized for world-class customer service, innovation and
superior quality, Bell's global workforce serves customers flying Bell
aircraft in more than 120 countries.More information is available at
Safe Harbor Statement
This news release contains forward-looking statements 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 expressions. Because such statements apply
to future events, they are subject to risks and uncertainties that could cause
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 and defense industries, 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 news release whether to reflect changed assumptions, the occurrence of
unanticipated events or changes in future operating results, financial
conditions or prospects, or otherwise.
CONTACT: For more information contact:
David C. Burney, Chief Financial Officer
Phone: (716) 805-1599, ext. 159
Deborah K. Pawlowski, Kei Advisors LLC
Phone: (716) 843-3908
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