Aircraft seat technology and defense supplier Astronics has cut its 30% of its workforce ahead of what could be an equal amount of lost revenue this year due to the novel coronavirus outbreak, but it still expects a modest pretax earnings growth. “That’s a significant step-down, a very painful one...
Subscription Required
Astronics Lays Off 30%, Sees Equal Revenue Loss is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
