ATRO - Astronics secures $11M inflight connectivity equipment order from Collins Aerospace

Astronics (ATRO) secures an order of ~$11M from Collins Aerospace for business jet connectivity equipment.The order is a follow on to previous orders for inflight connectivity ((IFC)) hardware that Astronics has been providing to Collins, which enables a broad variety of remote conferencing services as well as streaming entertainment."We believe this order validates the success of Collins Aerospace connectivity services and the performance of Astronics connectivity hardware. Improved connectivity for the business jet market has become an imperative and we are committed to providing the best connectivity capability available for aircraft with our technologies," says Astronics CSC President Michael Kuehn.Stock up 0.6% premarket.Previously  (Jan. 11): Boeing, Spirit Aero sink into the red following fatal Indonesia crash

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Astronics secures $11M inflight connectivity equipment order from Collins Aerospace