Astronics acquired Freedom Communication Technologies from Tuckerman Capital and Hanover Partners.

Astronics, a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, acquired Freedom Communication Technologies, a developer and manufacturer of communication test equipment, from private equity firms Tuckerman Capital and Hanover Partners, for $22m. Peter J. Gundermann, Chairman, President and Chief Executive Officer of Astronics commented, “FCT is a leader in wireless communications testing, primarily for the civil land mobile radio market. Their market focus and technology complements those we already have, and together, we will offer a broader range of test solutions to an expanded market. The acquisition gives us a stronger market position in the radio test arena, a strong brand for our offerings and a larger addressable market. We are excited to expand our test capabilities and to bring FCT on board with our Test business.”