Market Overview

Astronics Announces Collaboration with China National Machinery Import and Export Corporation

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New collaboration enables Astronics to provide state-of-the-art inflight entertainment and connectivity hardware and certification services to Chinese airlines

Astronics Corporation (NASDAQ:ATRO), a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today a new cooperation with China National Machinery Import and Export Corporation (CMC). The collaboration between Astronics and CMC will create a channel for Astronics to provide Chinese airlines, OEMs and service providers with state-of-the-art inflight entertainment and connectivity (IFEC) hardware and certification services for compliance in China and the United States.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191125005109/en/

Michael Kuehn (seated at right) of Astronics and Ruan Guang (seated at left) of China National Machinery Import and Export Corporation (CMC) signed a cooperation agreement on November 6, 2019. (Photo: Business Wire)

Michael Kuehn (seated at right) of Astronics and Ruan Guang (seated at left) of China National Machinery Import and Export Corporation (CMC) signed a cooperation agreement on November 6, 2019. (Photo: Business Wire)

On November 6, Michael Kuehn, President of Astronics Connectivity Systems and Certification (CSC), and Ruan Guang, Chairman of CMC, signed the cooperation agreement at the Second China International Import Expo (CIIE) in Shanghai, China. Top executives from Astronics and China Genertec, the shareholder of CMC, witnessed the signing ceremony.

"This agreement enables Astronics to serve Chinese aircraft enterprises with the world's most advanced IFEC hardware technology and certification services, and strongly positions us in the fastest growing aerospace market in the world," says Michael Kuehn.

About Astronics Corporation

Astronics Corporation (NASDAQ:ATRO) serves the world's aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors and test technologies to solve complex challenges. For 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics.

For more information on Astronics and its solutions, visit Astronics.com.

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