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home / news releases / ATRO - Astronics' subsidiary nabs contract by Stadler Rail US

ATRO - Astronics' subsidiary nabs contract by Stadler Rail US

Astronics Corporation
Astronics' ([[ATRO]] -0.5%) wholly owned subsidiary Astronics Test Systems received an ~$30M contract to develop and supply consolidated test systems to railway rolling stock manufacturer Stadler USStadler US is a wholly owned subsidiary of Stadler Rail AG , an international designer and manufacturer of a comprehensive range of trains.ATS will supply post-delivery maintenance support equipment for new generation metro cars delivered by Stadler to the Metro Atlanta Rapid Transit Authority ((MARTA)).The cars are scheduled to be delivered to MARTA revenue service commencing in 2024; program expected to generate revenue to Astronics for four years beginning in Q4.Shares traded +3% PM.

For further details see:

Astronics' subsidiary nabs contract by Stadler Rail US
Stock Information
Company Name: Astronics Corporation
Stock Symbol: ATRO
Market: NASDAQ
Website: astronics.com
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