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Tag Archives: mission computing

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 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 …

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State Dept OKs $2B Boeing AWACS Upgrade Deal for Saudi Arabia

Saudi Arabia plans to modernize its fleet of Boeing-built (NYSE: BA) airborne warning and control systems aircraft through a $2 billion foreign military sales deal approved by the U.S. State Department. The government of Saudi Arabia is buying 5 AWACS Block 40/45 mission computing upgrade kits and 20 AN/UPX-40 friend …

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