Astronics, a key supplier of aircraft passenger seat power and other products to the aerospace and defense (A&D) industries, closed on its sale of its semiconductor business unit, largely exiting that business. But the deal’s terms were revised downward, the company acknowledged. Astronics sold the intellectual property and certain assets associated with its semiconductor test product line to Advantest Corp., but the new terms include an upfront payment of $100 million in cash, ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Astronics Exits Semiconductor Business, But Deal Shrinks ".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.