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Peter Gundermann

Chairman, President and Chief Executive Officer, Astronics Corporation

Search every verified Peter Gundermann interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the Gabelli 31st Annual Aerospace & Defense Symposium on September 4, 2025, Peter Gundermann discussed Astronics' financial outlook and key programs. He said the company expected revenue of approximately $850 million for the year and noted a near-record backlog of around $650 million, which he described as a positive indication for continued growth. Gundermann stated that Astronics had emerged from the pandemic in a stronger financial position, with a convertible bond and a $200 million available debt line. Gundermann highlighted the company's role as a long-term partner with Bell on the V280 program, stating that content per aircraft could be around $1 million, which he said would be the largest ship-set content the company has ever placed on an airplane. He also discussed a potential expansion of the test segment, suggesting that adding $20 million to $40 million annually to the business could "fundamentally change the financials." Regarding production rates, Gundermann said Astronics was operating at 30 to 32 ships per month and expected to match Boeing's production rate by the end of 2025. He referenced Boeing's publicly stated plans to increase to 42 ships per month by October 2025 and to 82 per month by early 2028.

Recent appearances

  • Astronics Corporation (ATRO) - Peter Gundermann, CEO; Nancy Hedges, CFO - Gabelli A&D Symposium

    Astronics Corporation (ATRO) - Peter Gundermann, CEO; Nancy Hedges, CFO - present at the Gabelli 31st Annual Aerospace & Defense Symposium. Moderated by Michael Burgio. To learn more about Gabelli Funds' fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email [email protected]. Connect with Gabelli Funds: • X - https://x.com/InvestGabelli • Instagram -   / investgabelli   • Facebook -   / investgabelli   • LinkedIn -   / investgabelli   http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554)

    Watch on YouTube ↗

  • Astronics Corporation (ATRO) - Peter Gundermann, CEO; Nancy Hedges, CFO - Gabelli A&D Symposium

    Astronics Corporation (ATRO) - Peter Gundermann, CEO; Nancy Hedges, CFO - present at the Gabelli 31st Annual Aerospace & Defense Symposium. Moderated by Michael Burgio. To learn more about Gabelli Funds' fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email [email protected]. Connect with Gabelli Funds: • X - https://x.com/InvestGabelli • Instagram -   / investgabelli   • Facebook -   / investgabelli   • LinkedIn -   / investgabelli   http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554)

    Watch on YouTube ↗

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →