Search Results for: Mercury Systems

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Mercury Completes $180M Themis Purchase; Mark Aslett Comments

Andover, Massachusetts-based Mercury Systems (Nasdaq: MRCY) has wrapped up its $180 million cash purchase of Fremont, California-based ruggedized computing products manufacturer Themis Computer. Mercury first announced the deal in December and the company said Thursday it financed the transaction with funds under its existing revolving credit facility. Mark Aslett, president and CEO of …

Read More »

Mercury Eyes C4I Footprint Growth Through $180M Themis Buy

Mercury Systems (Nasdaq: MRCY) has agreed to purchase Themis Computer for approximately $180 million in cash in a move to expand its presence in the command, control, communications, computers and intelligence market. Andover, Massachusetts-based Mercury said Thursday it expects to complete the transaction in the third quarter of its fiscal 2018 ending …

Read More »

Mercury Eyes Mission Computing Portfolio Expansion Via Richland Technologies Purchase

Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL’s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and aerospace …

Read More »

Mercury to Purchase CES for $38M in Defense Tech & C4I Market Strategy

Defense technology manufacturer Mercury Systems (Nasdaq: MRCY) has agreed to purchase Switzerland-based military and aerospace computing company CES Creative Electronic Systems for $38 million to add new avionics and platform management products. Chelmsford, Mass.-based Mercury said Thursday it expects to close the transaction by the end of this year and will fund the deal with cash on …

Read More »

ITT, Mercury Announce Joint Initiative, Will Develop UAV Video Intelligence

ITT Corporation (NYSE: ITT) and Mercury Computer Systems, Inc. (NASDAQ: MRCY) announced yesterday an agreement to jointly develop an airborne solution that streams imagery and video intelligence from an unmanned aerial system platform to operational users. The joint initiative will work to improve the latency and data integrity inherent in …

Read More »

Terry Ryan Announced as President of ManTech Systems Engineering & Advanced Technology Group

Former Director of Intelligence, Surveillance, and Reconnaissance for the Department of Defense, Terry Ryan has been appointed President of the Systems Engineering & Advanced Technology Group at ManTech. Ryan’s past experience includes executive level positions at SAIC and SRA International, as well as 10 years served in the military. More …

Read More »