The company said, “The midpoint of this range would be a 14.2% increase over 2023 sales. Astronics (ATRO) considered the broad range of factors affecting the business, including the work stoppage at Boeing, in issuing its guidance. Backlog at the end of the third quarter was $611.9 million. Planned capital expenditures in 2024 are expected to be in the range of $9 million to $11 million.”
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