Tag Archives: Mercury Systems

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 …

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 …

Mary Louise Krakauer, formerly executive vice president and chief information officer at Dell Corp., has been appointed to DXC Technology‘s (NYSE: DXC) board of directors. She brings information technology, operations and human resources experience from multiple technology firms to the DXC board, the company said Thursday. “Her experience and judgment will make …

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, …

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 …

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 …

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 …

October 31 – November 4, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In this last full week before a most unusual election, the evolving narrative of a re-shaping government contracting landscape added more chapters as this week’s assortment of stories GovCon Wire covered …

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 …

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 …