Astronics sees FY13 revenue $275M-$310M, consensus $300.8M Astronics anticipates that approximately $265M-$300M of forecasted 2013 revenue will be from its Aerospace segment, while approximately $10M of the forecasted revenue will be from its Test Systems segment. Approximately $100M of the backlog, which was $114.5M at December 31, 2012, is expected to ship in 2013.
Astronics passenger service units selected for Boeing 777X Astronics (ATRO) announced that it has been selected to supply the passenger service units on the new family of long-range Boeing (BA) 777X aircraft. The award is subject to the execution of a final purchase agreement. "Production of the 777X will begin in 2017. There currently are 320 orders and commitments for the aircraft," said Astronics.