Astronics Corporation (NASDAQ:ATRO) is among the 7 Best Mid-Cap Defense Stocks to Invest In. According to Insider Monkey’s database, 43 hedge funds held a stake in the company as of Q4 2025, an increase from 37 at the end of the prior quarter, suggesting growing institutional interest in the stock.

ATRO remains on analysts’ radar and has a Strong Buy rating, with an average share price upside potential of 32% as of the close of business on April 10.

Last month, Astronics Corporation (NASDAQ:ATRO) was chosen by Boeing to provide fuel tank access doors for the 737 MAX, building on a long-lasting partnership with the aircraft manufacturer across several platforms. Production work on the agreement will take place in Clackamas, Oregon, where the company has manufactured a broad range of technical products over the years.

In other news, the company posted a strong end to 2025 with fourth-quarter revenue increasing 15.1% year-over-year to $240.1 million. Consolidated net income per share came in at $0.78, improving from a net loss of $0.08 per share in the prior year. Astronics ended the year with a record backlog of $674.5 million.

Astronics Corporation (NASDAQ:ATRO) provides advanced technologies to global aerospace, defense, and electronics clients. Some of its offerings include lighting and safety systems, aircraft electronics integration, automated test systems, and distribution and motion systems, among other products and services.

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