Is Astronics Building a Broader Aerospace Growth Platform?

Astronics (ATRO) is expanding beyond aerospace components into commercial aviation, defense, and business aviation. The company reported seat-motion sales more than doubled to $22.2 million in Q2, with expectations to double again in 2026. ATRO holds dominant market positions in in-seat power (90% share) and aircraft wireless access points (60-70% share), positioning it well for retrofit opportunities and fleet modernization trends.