Astronics Corporation (NASDAQ:ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense and semiconductor industries, announced today that its wholly-owned subsidiary, Astronics PECO, was awarded a contract to provide its next-generation fuel tank access doors (FTAD) for the new family of long-range Boeing 777X aircraft. In addition, Astronics PECO received a follow-on award for its FTAD product for the Boeing 787 Dreamliner.
The new 787 and 777X fuel tank access doors will utilize the latest in fuel tank door structural materials and designs for carbon fiber composite wing technologies. The doors will be manufactured by Astronics PECO in Clackamas, Oregon. These awards are in addition to a previous award in which Astronics PECO was selected to provide passenger service units (PSUs) for the 777X.
Peter J. Gundermann, President and CEO of Astronics Corporation, commented, “We have a long-standing, valued relationship with Boeing, and believe our particular manufacturing capabilities and product quality enabled us to provide our fuel access doors for the next-generation 777X and continue to be the provider on the 787. We appreciate the confidence Boeing has expressed in us as an innovative solution provider on multiple aircraft platforms.”
Astronics PECO brings a successful track record of providing structural fuel access doors on all Boeing platforms including the 787 and 777, plus PSUs on the 737 and 777. The production of the new 777X, billed as the largest and most efficient twin-engine jet in the world, is expected to begin in 2018. There are currently 326 firm orders for the 777X aircraft.
Source: Astronics Corporation
Date: Aug 8, 2017