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Search Results for: Mercury Systems

Michael Ruppert Promoted to Mercury Systems CFO, Treasurer

Michael Ruppert, executive vice president for strategy and corporate development at Mercury Systems (Nasdaq: MRCY), has been promoted to chief financial officer and treasurer at the Andover, Massachusetts-based defense electronics maker. He succeeds Gerald Haines, who held the CFO and treasurer roles for three years, Mercury Systems said Monday. Mark Aslett, …

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Christopher Cambria Named Mercury Systems SVP, General Counsel & Secretary

Christopher Cambria, formerly vice president, general counsel and secretary of Aerojet Rocketdyne Holdings (NYSE: AJRD), has joined Mercury Systems (Nasdaq: MRCY) as senior VP, general counsel and secretary at the Massachusetts-based processing subsystems producer. He will report directly to President and CEO Mark Aslett and oversee all legal and regulatory aspects of Mercury’s corporate …

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Mercury Systems Eyes National Security Sector With Newly Acquired Electronics Firm

Mercury Systems (Nasdaq: MRCY) has acquired privately held electronics company Lewis Innovative Technologies in efforts to expand Mercury’s embedded secure processing technology portfolio for the national security sector. LIT will retain its market presence in the Huntsville region in Alabama following the acquisition, Mercury said Dec. 16. “Embedded systems security has become a …

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Navy Orders Mercury Systems Electronic Parts

Mercury Systems (NASDAQ: MRCY) has been awarded a five-year, $7.3 million contract to produce electronic spare parts for the U.S. Navy’s ship-mounted electronic warfare systems, Military & Aerospace Electronics reported Thursday. John Keller writes the digital, radio frequency and microwave components will be installed in the Navy’s AN/SLQ-32(V)6 shipboard EW system. …

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IT Firm iNovex Acquires Mercury Systems’ Intell Analytics Business

INovex Information Systems has bought the intelligence analytics business of Mercury Systems for an undisclosed amount in a move aimed at growing iNovex’s customer base and market presence. BB&T Capital Markets/Windsor Group acted as the financial adviser to Mercury Systems on the transaction, BB&T Capital Markets said. Maryland-based iNovex offers …

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Michael Ruppert Joins Mercury Systems as Strategy, Corporate Development SVP; Mark Aslett Comments

Michael Ruppert, formerly co-founder and managing partner of advisory firm RSPartners LLC, has joined Mercury Systems (NASDAQ: MRCY) as senior vice president of strategy and corporate development. He will report to President and CEO Mark Aslett and be responsible for the company’s strategy, planning and mergers and acquisitions activities,  Mercury Systems said Monday. “Michael’s in-depth knowledge and experience …

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Report: Boeing Eyes Mercury Systems Acquisition

Boeing (NYSE:BA) is exploring a potential acquisition of digital imaging processing and big data processing technology maker Mercury Systems (NASDAQ: MRCY), Reuters reported Friday. Nicola Leske and Mike Stone write that Boeing wants to increase its presence in the commercial aerospace component sector and access Mercury’s microprocessor business. Evercore Partners has been …

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Mercury Buys Syntonic Microwave, The Athena Group; Mark Aslett Quoted

Mercury Systems (Nasdaq: MRCY) has purchased Syntonic Microwave and The Athena Group for $46M combined to expand its radio frequency capabilities and further broaden its presence in security and electronic warfare markets. Mark Aslett, president and CEO of Mercury Systems, said in a statement published Thursday the acquisitions will help …

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Mercury Acquires GECO Avionics; Mark Aslett Quoted

Andover, Mass.-based military electronics provider Mercury Systems (Nasdaq: MRCY) has acquired GECO Avionics for approximately $36.5M cash. Mercury said Tuesday it funded the acquisition and related transaction expenses through an existing revolving credit facility. GECO produces mission processors, aviation networking and video processing systems,  airborne displays and avionics software. The Mesa, Ariz.-based company has supplied technologies for …

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Mercury Acquires Germane to Expand Rugged Server, C2I Portfolio

Mercury Systems (Nasdaq: MRCY) has acquired Germane Systems for approximately $45 million cash in a move to grow the former’s portfolio of rugged servers and command, control and information processing technologies. The purchase price is subject to working capital and debt adjustments and Mercury financed the transaction with funds from a revolving …

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