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 aircraft. 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 Corporation. 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 www.Astronics.com. 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: Company: David C. Burney, Chief Financial Officer Phone: (716) 805-1599, ext. 159 Email: email@example.com Investor Relations: Deborah K. Pawlowski, Kei Advisors LLC Phone: (716) 843-3908 Email: firstname.lastname@example.org Astronics Corporation logo
Astronics Selected to Provide Primary Electronic Power System for Daher-Socata 2014 TBM 900
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