Monday, April 30, 2012
Astronics in Multi-Year Agreement with Panasonic for Power Systems
Astronics Corp.'s wholly owned subsidiary, Astronics Advanced Electronic Systems Corp. (AES), and Panasonic Avionics signed a multi-year Master Supply Agreement (MSA) for Astronics' EmPower In-Seat Power Systems that are installed with Panasonic's In-Flight Entertainment and Connectivity (IFEC) Systems.
"We have had a long-standing relationship with Panasonic Avionics Corporation and have readily applied our innovation and responsiveness to address the continued technological advancements they have made with their systems. We appreciate the recognition through this contract of our innovative power solutions, high quality products, and reliable customer service," said Peter J. Gundermann, president and CEO of Astronics.
Astronics began providing EmPower products to Panasonic in 2005 under various commercial agreements. Since then, the parties have collaborated on the design and development of multiple intelligent power supply systems used to provide power to Personal Electronic Devices (PEDs) such as laptops, as well as the IFE seat back displays and other electronic devices provided by Panasonic in the cabin of commercial air transport aircraft.