Astronics Corporation Announces Favorable Appeal Ruling on Lufthansa Technik Intellectual Property Case in United Kingdom

About this update from Astronics Corporation

Astronics Corporation (Nasdaq: ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced today that a favorable judgment has been issued by the UK appellate court presiding over its long-running patent infringement dispute with Lufthansa Technik AG. Lufthansa Technik had filed an appeal of the trial court’s February 2025, judgment on damages, and Astronics had filed three appeals. The UK appellate court dismissed in its entirety Lufthansa Technik’s appeal, and granted one of Astronics’ appeals, which will require Lufthansa Technik to make a partial refund to Astronics of damages previously paid, in an amount yet to be determined. Additional amounts may be payable to Astronics for attorney fees associated with certain elements of the case, based on the court’s decision. Either party may request an appeal of the appellate court’s decision to the UK Supreme Court, though it is uncertain if the Supreme Court will choose to hear any further appeals. ABOUT ASTRONICS CORPORATION Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets. For more information on Astronics and its solutions, visit Astronics.com. Safe Harbor Statement This news release contains forward-looking statements as defined by the Securities Exchange Act of 1934. One can identify these forward-looking statements by the use of the words “expect,” “anticipate,” “plan,” “may,” “will,” “estimate” or other similar expressions and include all statements with regard to the timing and amount of the refund of damages previously paid resulting from the appellate ruling, the potential for refund of some amount of attorney fees associated ...

View stock analysis, news, and events for Astronics Corporation