Astronics has raised its full-year 2026 revenue guidance to between $1.02 billion and $1.04 billion after posting record second-quarter results, putting the aerospace supplier on track to top $1 billion in annual sales for the first time. Second-quarter sales reached a record $260.0 million, supported by record aerospace segment revenue of $237.3 million and stronger demand across commercial aerospace, military aircraft and general aviation.
Bookings also reached a record $306.2 million in the quarter, lifting backlog to $780.6 million. About 82% of that backlog is expected to convert into revenue over the next 12 months, giving the company a sizeable base of near-term business as it enters the second half of the year. Astronics also guided for third-quarter sales of $265 million to $275 million, with fourth-quarter revenue expected to improve modestly from that level.