M&A Deal Summary

Astronics Acquires Armstrong Aerospace

On January 14, 2015, Astronics acquired aerospace company Armstrong Aerospace for 52M USD

Acquisition Highlights
  • This is Astronics’ 3rd transaction in the Aerospace sector.
  • This is Astronics’ 2nd largest (disclosed) transaction.
  • This is Astronics’ 4th transaction in the United States.
  • This is Astronics’ 1st transaction in Illinois.

M&A Deal Summary

Date 2015-01-14
Target Armstrong Aerospace
Sector Aerospace
Buyer(s) Astronics
Deal Type Add-on Acquisition
Deal Value 52M USD

Target

Armstrong Aerospace

Itasca, Illinois, United States
Armstrong Aerospace, Inc. is a provider of engineering, design and certification solutions for commercial aircraft, specializing in connectivity, in-flight entertainment, and electrical power systems.

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Buyer(S) 1

Buyer

Astronics

East Aurora, New York, United States

Category Company
Founded 1968
Sector Aerospace
Employees2,500
Revenue 689M USD (2023)
DESCRIPTION

Astronics designs and manufactures products for the aerospace and defense industries. Astronics was founded in 1968 and is based in East Aurora, New York.


DEAL STATS #
Overall 5 of 9
Sector (Aerospace) 3 of 4
Type (Add-on Acquisition) 5 of 9
State (Illinois) 1 of 2
Country (United States) 4 of 7
Year (2015) 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 Astronics Test Systems

Irvine, California, United States

Astronics Test Systems, Inc. is a manufacturer and supplier of test and measurement systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Custom Controls Concepts

Kent, Washington, United States

Custom Controls Concepts is a provider of cabin management and in-flight entertainment (IFE) systems for the complete range of privately operated Boeing and Airbus aircraft, along with other select fixed and rotary wing aircraft models. Custom Controls Concepts was established in 1988 and is headquartered in Kent, Washington.

Buy -