Herley Industries and Herley-CTI produce microwave technology and related products for radars, weapon sensors, flight instrumentation and electronic warfare systems in support of defense and aerospace industry clients.
The transaction was expected to conclude on Friday, March 3, Ultra said Friday.
Defense contractor Ultra Electronics is now part of Cobham following its acquisition in 2022.
According to Ultra, a fairness opinion related to the deal was commissioned and handed over to the trustees and agent in compliance with principal financing agreements.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
