The company expects 2007 sales of approximately $8.8 billion, with growth in the fourth quarter of approximately 9 to 10% over the prior-year period.

Earnings will be adversely impacted by the price of raw materials, which increased $60 million over the same period in 2006.  The company has increased prices to cover these added raw material costs, and expects to have new pricing in place to cover further cost escalations by the beginning of first quarter 2008.

For the full-year 2008, the company forecasts a sales increase of approximately 14%. “Our 2008 outlook is positive,” notes Raj L. Gupta, president and CEO.

WICHITA, KS - Aeroflex announced that it has signed Restronics as a manufacturer's representative for its automated test equipment (ATE) product line in the United States.  According to Aeroflex, Restronics will provide an additional sales channel in the United States for its line of ATE equipment.
 
"The addition of Restronics as our manufacturer's representative provides Aeroflex with a highly skilled sales force to represent our products nationwide," said Ryan Panos, VP of Worldwide Sales, Aeroflex Test Solutions. "Adding Aeroflex to our product line fills a gap for our customers seeking high quality ATE equipment," said Ralph Savage, president, Restronics.