Astronics buys operating assets of Custom Controls Concepts

Astronics Corporation (NASDAQ:ATRO) has purchased the operating assets of Custom Controls Concepts (CCC), located in Kent, Washington, the company said.

CCC provides cabin management and in-flight entertainment (IFE) systems for the complete range of privately operated Boeing and Airbus aircraft, along with other select fixed and rotary wing aircraft models. Founded in 1998, CCC has completed more than 165 technology installations to date.

Astronics does not expect the acquisition to materially impact 2017 earnings, and has not released the terms of the transaction.

Astronics Corporation is a supplier of advanced technologies and products to the global aerospace, defense and semiconductor industries. Its products and services include advanced, high-performance electrical power generation and distribution systems, seat motion solutions, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems.