Astronics Corp. Selected by Cessna to Supply Lighting Solutions for the Citation M2, Citation TEN & Corvalis TTX Aircraft
October 10 2011 - 9:20AM
Business Wire
Astronics Corporation (NASDAQ: ATRO), a leader in advanced, high
performance lighting, electrical power and automated test systems
for the global aerospace and defense industries, announced today
that its wholly-owned subsidiary, Luminescent Systems Inc., has
been chosen by Cessna Aircraft Company, a Textron Inc. (NYSE: TXT)
company, to supply illuminated instrument panels for the recently
announced Citation M2, Citation TEN and Corvalis TTX aircraft as
well as exterior lighting for the Citation M2 and Citation TEN.
Peter J. Gundermann, President and CEO of Astronics commented,
"Our innovation and technological capabilities inspire our
customers’ confidence in Astronics and our advanced aircraft
lighting solutions. We have a long history with Cessna as a
supplier of cockpit and exterior lighting systems for their full
line of aircraft from single engine pistons to the Citation Jets
and believe that their selection of our solutions for these new
aircraft is a testament of their continued belief in our leadership
in aircraft lighting and for creating high quality solutions that
complement their aircrafts’ unique qualities.”
For these aircraft, Astronics will provide a complete suite of
instruments panels that are illuminated with light emitting diodes
(LEDs) which provide increased reliability while reducing power
consumption. The instrument panels will be part of the state of the
art avionics and cockpit systems that incorporates the latest
developments in human factors engineering, ergonomics and user
experience to create environments that make flying simpler and more
pleasurable.
To address Cessna’s exterior lighting requirements, Astronics
will supply LED navigation, anti-collision, and beacon lights
building on Astronics strong history of supplying Cessna with best
in class high reliability exterior lighting solutions. Astronics
LED exterior lighting products can also be found on the Citation
Mustang and the CJ1/2/3/4 aircraft.
ABOUT CESSNA AIRCRAFT COMPANY
Cessna is the world’s leading general aviation company. Since
its inception in 1927, Cessna has designed, produced and delivered
more than 192,500 airplanes around the globe. This includes more
than 6,100 Citation business jets, making it the largest fleet of
business jets in the world. Today, Cessna has two principal lines
of business: aircraft sales and aftermarket services. Aircraft
sales include Citation business jets, Caravan single-engine utility
turboprops, single-engine piston aircraft and lift solutions by
CitationAir. Aftermarket services include parts, maintenance,
inspection and repair services. In 2010, Cessna delivered 535
aircraft, including 179 Citation business jets, and reported
revenues of $2.6 billion. More information about Cessna Aircraft
Company is available at cessna.com.
ABOUT ASTRONICS CORPORATION
Astronics Corporation is a leader in advanced, high-performance
lighting, electrical power 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, and its
wholly-owned subsidiaries, Astronics Advanced Electronic Systems
Corp., DME Corporation and Luminescent Systems Inc., have 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 the 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.
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