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Astronics Corporation acquires Envoy Aerospace

Jul 08, 20259 days ago

Acquiring Company

Astronics Corporation

Acquired Company

Envoy Aerospace

East AuroraAuroraManufacturingAerospace

Description

Astronics Corporation has announced its acquisition of Envoy Aerospace to enhance FAA certification services. This strategic move will improve Astronics' capabilities in aircraft connectivity and modifications. The acquisition is valued at approximately $8 million, and nine Envoy employees will join Astronics. The deal aims to address the growing demand for aircraft modifications amid limited availability of ODA services.

Company Information

Company

Astronics Corporation

Location

East Aurora, New York, United States

About

Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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