EAST AURORA, N.Y., 2 Dec. 2011. Astronics Corp. (NASDAQ:ATRO) in East Aurora, N.Y., which specializes in power management, airport lighting systems, and automated test, training, and simulation systems for the global defense industry, is expanding its product lines into specialty avionics databus interface solutions for defense and commercial aerospace applications with its acquisition of Ballard Technology Inc. in Everett, Wash.
Ballard Technology designs and builds avionics databuses for military and commercial aircraft according to industry standards such as MIL-STD-1553, ARINC 429, ARINC 664/AFDX, ARINC 708, and ARINC 717, as well as board, box, and software for embedded, test, and simulation applications.
Astronics is acquiring Ballard for $24 million in cash, plus $5.5 million in incentives if Ballard meets revenue targets over the next five years. Ballard projects 2011 revenue of $11 million.
Over the past several years Ballard has introduced XMC and PMC avionics databus interface cards, the Avionics BusBox 2000 DO-160-validated lightweight embedded computer for commercial and military avionics applications, portable USB 2.0 interfaces for avionics databus protocols, and a PC/104-Plus-compliant card for ARINC 429 and ARINC 717 avionics databuses.
XMC and PMC avionics interface cards introduced by Ballard Technology
Ballard Technology releases avionics box
Astronics DME to convert taxiway lights at Air Force bases to LED lighting in potential $7.4 million contract.