Mercury Systems Closes $310M Buy of Physical Optics Corp.; Mark Aslett Quoted

Mercury Systems (Nasdaq: MRCY) has completed its $310M purchase of technology integrator Physical Optics Corp. as part of avionics and mission systems market push.

Both parties first announced the deal last month and Mercury said Wednesday it financed the acquisition using cash on hand and its existing revolving credit facility.

Mark Aslett, president and CEO of Mercury, said the deal aligns with the company’s strategic efforts to bring pre-integrated avionics subsystems to customers.

The POC purchase price includes net working capital and debt adjustments.

Sponsor

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

I'm Interested In:

GovConWire Daily Briefings

Email Address *

First Name *

Last Name

Position

Company

State Department seal. The Department of State has awarded spots on its $10B Evolve IT contract.

State Department Awards Spots on Potential $10B Evolve IT Services IDIQ

The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…

Obviant Secures DOW Contract Expansion for Digital Acquisition Platform

Obviant has received a contract expansion from the Office of the Under Secretary of War for Acquisition and Sustainment to…

ACMI Breaks Ground on Indiana National Security Industrial Hub Backed by $75M DOW Award

The American Center for Manufacturing & Innovation has broken ground on its first National Security Industrial Hub in Bloomfield, Indiana,…

Lauren Cates. The federal growth executive has been named Akima’s VP of business development for emerging markets group.

Akima Appoints Lauren Cates as Business Development VP

Akima has appointed Lauren Cates, a federal growth executive, as vice president of business development for its emerging markets group.…

Greg Little. The Palantir senior counselor will keynote the 2026 GovCon Executive Leadership Summit on Feb. 26.

Palantir Senior Counselor Greg Little to Keynote 2026 GovCon Executive Leadership Summit

Palantir senior counselor and longtime Pentagon official Greg Little will deliver a keynote address at the 2026 GovCon Executive Leadership Summit…

Clarity Innovations CEO Brian Hobbs. Clarity Innovations has named Brian Hobbs as chief executive officer.

Brian Hobbs Named CEO of Clarity Innovations

Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…

Mike Kushin. Parsons' SealingTech received an intent to award from the USCYBERCOM to produce Joint Cyber Hunt Kits.

USCYBERCOM Issues Intent to Award $500M Cyber Hunt Kit Contract to Parsons’ Sealing Technologies

Sealing Technologies, a Parsons subsidiary, has received an intent to award notification from the U.S. Cyber Command for a contract to…

Deven Joshi. The digital transformation and IT leader has joined C5MI as chief AI officer.

Deven Joshi Joins C5MI as Chief AI Officer

IT and supply chain platforms provider C5MI has appointed Deven Joshi, a digital transformation leader, as chief artificial intelligence officer.…

Rear Adm. Brian Metcalf, program executive officer, ships. Metcalf shared that the VCM approach accelerates ship production

Navy Announces Search for Manager to Oversee Medium Landing Ship Production

The U.S. Navy is seeking a vessel construction manager, or VCM, to lead the procurement and buildout of medium landing ships,…

FAA Awards ASRC Federal Advanced Research $437M NAS Engineering Contract

The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level…