Peter Gundermann, President & CEO of Astronics Corporation (ATRO), says his company’s record sales are being driven by products that are in the sweet spot of aerospace trends.
“One of the products that we’re best known for is specialized electrical power systems to deliver electrical power to passengers on airplanes. In the secular world, people are carrying more and more personal electronic devices with them everywhere they go,” Gundermann says.
FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE.
Gundermann notes that more people want to use their electronic devices while traveling, especially because there is now Internet connectivity in most commercial aircraft cabins. He says that airlines are recognizing that people need electrical power on airplanes to charge their devices.
“This trend is one that has benefited our company strongly, and we expect it will continue for some period of time. We think there will be a time in the future when the vast majority of seats in the vast majority of planes will have electrical power,” Gundermann said.
Amphenol Corporation (APH) a Strong Play on Proliferation of Electronics Trend
July 21, 2014
Hexcel Corporation (HXL) a Beneficiary of Increased Carbon Fiber Content in Commercial Aircraft
July 23, 2013
Commercial Aircraft Demand
August 27, 2007
ON Semiconductor Corp (ONNN) a Good Play on Broad-Based Analog and Power Management
May 30, 2014
Whiting Petroleum Corp (WLL) a Strong E&P Play with Top-Tier Assets
March 02, 2015
