10QSB

               SECURITIES AND EXCHANGE COMMISSION

                     Washington, DC   20549

                           FORM 10-QSB

 (Mark One)

     [ X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
               OF THE SECURITIES EXCHANGE ACT OF 1934
     
     For the fiscal quarter ended March 30, 1996
     
     [   ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
               OF THE SECURITIES EXCHANGE ACT OF 1934
     
     For the transition period from ________________________ to
     ________________________ 
     
     Commission file number 0-7087
     
     
                     ASTRONICS CORPORATION                       
     (Exact Name of Registrant as Specified in Its Charter)

     New York                                        16-0959303  
(State or Other Jurisdiction of              (I.R.S. Employer
 Incorporation or Organization)               Identification No.)
     
     
1801 Elmwood Avenue, Buffalo, New York                      14207
(Address of Principal Executive Office)                (Zip Code)

     
                         716-447-9013                            
      (Registrant's Telephone Number, Including Area Code)
     
Securities registered pursuant to Section 12(g) of the Act:
     
    $.01 par value Common Stock, $.01 par value Class B Stock    
                        (Title of Class)
     
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                                         Yes   X         No     


As of March 30, 1996, 3,083,566 shares of $.01 par value common
stock and 763,172 shares of $.01 par value Class B common stock
were outstanding.





PART I - FINANCIAL INFORMATION


Item 1.   Financial Statements


                      ASTRONICS CORPORATION

                   Consolidated Balance Sheet
                         March 30, 1996
         With Comparative Figures for December 31, 1995


                             ASSETS


                                     (Dollars in Thousands)
                                March 30, 1996   December 31,
                                  (Unaudited)       1995     

Current Assets:

EX-27

 

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<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-30-1996
<CASH>                                             517
<SECURITIES>                                         0
<RECEIVABLES>                                    4,991
<ALLOWANCES>                                     (500)
<INVENTORY>                                      6,437
<CURRENT-ASSETS>                                11,657
<PP&E>                                          32,812
<DEPRECIATION>                                (15,399)
<TOTAL-ASSETS>                                  31,017
<CURRENT-LIABILITIES>                            6,312
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            42
<OTHER-SE>                                      12,096
<TOTAL-LIABILITY-AND-EQUITY>                    31,017
<SALES>                                          9,569
<TOTAL-REVENUES>                                 9,569
<CGS>                                            6,848
<TOTAL-COSTS>                                    9,031
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 231
<INCOME-PRETAX>                                    538
<INCOME-TAX>                                       172
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       366
<EPS-PRIMARY>                                      .09
<EPS-DILUTED>                                      .09