News & Events zu Astronics Corporation (ATRO)ATROAstronics Corporation

Company Expects Record Sales in Q3, 2026 CapEx to Reach $45M

Previous view $970M-$1B. Gundermann concluded, "We expect to set yet another quarterly sales record in the third quarter, with revenue in the fourth quarter to improve modestly from there. Given our record backlog and the continued strength in our order book, we believe we are well situated to deliver growth for the foreseeable future." Planned capital expenditures in 2026 are expected to be in the range of $40 million to $45 million driven largely by costs associated with the Seattle operation consolidation, which will conclude in the third quarter. The Company estimates future IEEPA tariff refunds will range from $6 million to $8 million although the timing of such receipts cannot be confirmed at this time.

Astronics Wins Patent Dispute Against Lufthansa Technik

Astronics Corporation announced that a favorable judgment has been issued by the UK appellate court presiding over its long-running patent infringement dispute with Lufthansa Technik AG. Lufthansa Technik had filed an appeal of the trial court's February 2025, judgment on damages, and Astronics had filed three appeals. The UK appellate court dismissed in its entirety Lufthansa Technik's appeal, and granted one of Astronics' appeals, which will require Lufthansa Technik to make a partial refund to Astronics of damages previously paid, in an amount yet to be determined. Additional amounts may be payable to Astronics for attorney fees associated with certain elements of the case, based on the court's decision. Either party may request an appeal of the appellate court's decision to the UK Supreme Court, though it is uncertain if the Supreme Court will choose to hear any further appeals.