Astronics completes acquisition of Armstrong Aerospace

Jan. 15, 2015

Astronics Corp., a provider of advanced technologies for the global aerospace and defense industries, announced today that it completed the acquisition of Armstrong Aerospace (“Armstrong”) for approximately $52 million in cash on January 14, 2015.

Astronics previously announced that it had entered into a definitive agreement to acquire Armstrong on December 24, 2014.

Armstrong Aerospace, located in Itasca, IL, was founded in 1996 and has 81 employees. Armstrong is a provider of engineering, design, and certification solutions for commercial aircraft, specializing in connectivity, in-flight entertainment, and electrical power systems. For 2014, Armstrong had sales of approximately $27 million.

www.astronics.com

About the Author

Rick Nelson

Contributing Editor

Rick Nelson is a technical journalist who has served as executive editor of Test & Measurement World, chief editor of EDN, and executive editor of EE-Evaluation Engineering. He has also contributed to publications including Vision Systems Design and Electronic Design, and he has participated in many live panel discussions and webcasts. Rick has also held systems-engineering and product-development positions at General Electric and Litton Industries. He received his B.S.E.E. degree from The Pennsylvania State University.