Astronics Corporation has acquired Freedom Communication Technologies, Inc. (FCT), a developer and manufacturer of communication test equipment for the land-based mobile radio test market, providing innovative solutions to Long-Term Evolution (LTE) high-speed wireless communications customers globally. Astronics has acquired 100% of the equity of FCT for US$22 million in cash.
Based in Kilgore, TX, FCT was founded in 2015 and offers communications analyzers for testing and maintaining Land Mobile Radio (LMR) communications systems. FCT also provides an extensive range of capabilities, including automated radio testing and alignment, coverage mapping, and interference analysis.
In 2018, FCT had US$11 million in revenue and is expected to contribute approximately US$10 million in revenue in the second half of 2019.