Mercury first announced the deal Sept. 27 and the company said Monday it financed the acquisition using cash on hand and a revolving credit facility.
Avalex is projected to generate $40 million in revenue for the 12 months ending Dec. 31, 2022.
Mark Aslett, president and CEO at Mercury Systems and a 2021 Wash100 awardee, said the acquisition aligns with the company’s strategy to address a demand for digitally converged products in the command, control, communications, computers, intelligence and mission management markets.
Melissa Bischoping, senior director of security and product design research at Tanium, said adopting agentic artificial intelligence and other autonomous…
