Astronautics sells its electromechanical product line for $27 million

Astronautics has sold its legacy electromechanical product line to Extant Aerospace. The agreement includes production, repairs, and spares activities associated with the company’s electromechanical HSI, ADI, and BDHI products.
Oak-Creek-based Astronautics Corporation of America has sold its legacy electromechanical product line to Melbourne, Florida-based Extant Aerospace in a $27 million cash deal. Astronautics Corp. is a manufacturer of avionics equipment and systems for the…

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Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.

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