Astronics Corporation - Common Stock (ATRO)

Competitors to Astronics Corporation - Common Stock (ATRO)

Honeywell International Inc.

Honeywell competes with Astronics Corporation primarily in the aerospace sector, offering a wide range of aerospace products and services, including avionics, flight safety, and cabin electronics. While Astronics focuses on specialized products for commercial and military aviation, Honeywell has a broader portfolio and significant scale, which allows it to leverage synergies across various business units. This advantage in scale, resources, and product diversity positions Honeywell as a leading competitor against Astronics.

L3Harris Technologies, Inc. 

L3Harris Technologies, known for its extensive work in defense and communication systems, poses a significant competitive challenge to Astronics in the defense sector. While Astronics specializes in aircraft electronics and connectivity, L3Harris has a larger footprint and diversified offerings, providing it with a significant advantage in government contracts and procurement. The scale and breadth of L3Harris’s capabilities enable it to compete effectively with Astronics in seeking contracts and projects within aerospace.

Rockwell Collins (a subsidiary of Raytheon Technologies) 

Rockwell Collins, part of Raytheon Technologies, competes with Astronics in the aerospace and defense electronics market, providing advanced avionics systems, communication equipment, and in-flight entertainment solutions. While Astronics offers innovative and niche products, Rockwell Collins possesses a well-established reputation in the industry and a larger R&D budget, which strengthens its development capabilities. This ability to invest heavily in technology gives Rockwell Collins a competitive edge over Astronics.

Safran SA

Safran competes with Astronics in the aerospace industry, particularly through its products related to aircraft engines and aerospace systems, including avionics. Safran, being a major player in the market, has significant resources and established relationships with aircraft manufacturers and airlines, giving it an edge over Astronics in securing partnerships and business contracts. The scale and market presence of Safran allow it to lead in many competitive scenarios.

Thales Group

Thales Group competes with Astronics by providing a variety of aerospace and defense solutions, including in-flight entertainment systems and advanced avionic systems. While Astronics focuses on specific niches within the aviation electronics space, Thales benefits from its extensive expertise and global presence in both aerospace and defense markets. This broad capability gives Thales a significant competitive advantage in securing contracts and providing comprehensive solutions compared to Astronics.