Astronics Selected to Provide Primary Electronic Power System for Daher-Socata
2014 TBM 900
EAST AURORA, N.Y., May 21, 2014 (GLOBE NEWSWIRE) -- Astronics Corporation
(Nasdaq:ATRO), a leading provider of advanced technologies for the global
aerospace and defense industries, announced today that it has been selected to
provide the primary power distribution system for the Daher-Socata TBM 900
The Electronic Power System from Astronics combines alternator, generator, and
primary power bus system control into a single unit, allowing semi-automatic
start-up. The system also includes an integrated external power control
function which allows connection of any power source to the main bus. The
system design reduces the number of separate controllers, improving system
reliability and reducing aircraft weight. Designed for easy installation and
maintenance, the Astronics Electronic Power System is the perfect solution for
today's modern aircraft.
"This award validates that the Astronics Electrical Power Distribution System
(EPDS) can improve safety, reduce crew workload and reduce weight in the high
performance TBM 900 turboprop aircraft, just as it does in rotary and turbojet
aircraft," noted Peter J. Gundermann, President and CEO of Astronics
DAHER-SOCATA's TBM 900 is the world's fastest single turboprop aircraft which
combines cruising speed and trip times of a light jet with the economic direct
operating costs, range and moderate environmental signature of a turboprop
engine. The maximum range and useful load, as well as the ability to land at
small airports, are key features that drive the aircrafts' popularity.
ABOUT ASTRONICS CORPORATION
Astronics Corporation (Nasdaq:ATRO) is a leader in advanced, high-performance
lighting, electrical power, specialized avionics products 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,
through its wholly-owned subsidiaries, has 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
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.
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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