Astronics releases transcript of Q2 2026 earnings results conference call

• Astronics released its Q2 2026 earnings call transcript from Aug. 11, attended by CEO Peter Gundermann, CFO Nancy Hedges, IR Deborah Pawlowski.
• Revenue hit a record $260 million; adjusted EBITDA margin reached 19.8%; bookings totaled $306 million; revenue guidance lifted to $1.02 billion-$1.04 billion.
• Test Systems inflection signaled by a $45 million U.S. Army TS-4549/T Radio Test production order, supporting deliveries over 18 months.
• Management expects Test margins to approach Aerospace levels once full-rate production is reached, targeted by exit Q4; ramp begins in H2.
• LEO connectivity transition seen as an opportunity, despite near-term disruption to a GEO-related business estimated at about $60 million annually.

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