Home / Business and Economy / Astronics Secures $44.7M Army Radio Test Set Order
Astronics Secures $44.7M Army Radio Test Set Order
27 Jun
Summary
- Astronics received a $44.7 million Army order for radio test sets.
- The order initiates full-rate production for the TS-4549/T program.
- First-quarter sales grew 12% to $230.6 million with record backlog.
Astronics Corporation is highlighted as a strong investment among mid-cap defense stocks, currently holding a 'Strong Buy' rating with an anticipated 21% share price upside as of June 24, 2026. The company recently received a substantial $44.7 million purchase order from the U.S. Army for its TS-4549/T Radio Test Sets Program. This order is set to cover deliveries over the next 20 months and officially launches the full-rate production phase for the program. Astronics initially secured an IDIQ contract for this initiative in June 2024, which was funded at $215 million, with $145 million remaining. In the first quarter of 2026, Astronics demonstrated robust financial performance, reporting a 12% increase in sales to $230.6 million and net income per diluted share of $0.67. The company concluded the quarter with a record backlog totaling $734.3 million. Astronics provides advanced technologies, including lighting, safety systems, and automated test systems, to global aerospace, defense, and electronics clients.
