Astronics Selected to Provide Primary Electronic Power System for Daher-Socata 2014 TBM 900
May 21 2014 - 4:05PM
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: david.burney@astronics.com
Investor Relations:
Deborah K. Pawlowski, Kei Advisors LLC
Phone: (716) 843-3908
Email: dpawlowski@keiadvisors.com
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