Mercury Systems

Mercury Systems has selected Aegis Software's FactoryLogix Manufacturing 4.0 platform for implementation across 16 factory locations to standardize and streamline manufacturing operations.

Mercury Systems has signed a definitive agreement to acquire Physical Optics Corporation (POC), a designer and integrator of avionics and mission subsystems for defense, for $310 million in cash. The deal is expected to be funded through cash on hand and Mercury's revolving credit facility.

IERUS Technologies partnered with Raytheon and other companies to produce the first radar antenna array for the U.S. Army's Lower Tier Air and Missile Defense Sensor (LTAMDS) in less than 120 days.

Raytheon has selected Mercury Systems Inc. to provide digital signal processing and RF solutions for the U.S. Army's Lower Tier Air and Missile Defense Sensor (LTAMDS) program, a next-generation missile-defense radar.

Mercury Systems announced the acquisitions of Athena Group, a Gainesville, Florida-based provider of cryptographic and countermeasure IP for defense computing, and Syntonic Microwave, a Campbell, California-based provider of advanced synthesizers and microwave converters for SIGINT and ELINT applications. The acquisitions aim to expand Mercury's addressable market in secure processing subsystems for aerospace and defense.

Mercury Systems received a $6.7 million follow-on order from a leading defense prime contractor for BuiltSECURE high-density secure memory devices for an advanced airborne platform. The order was booked in fiscal Q1 2019 and will be shipped over several quarters.

Mercury Systems received an $11.8 million order from a leading defense prime contractor for custom radiation-tolerant solid-state drives for a defense data storage application. The order was booked in the company's fiscal 2018 fourth quarter.

Mercury Systems received a $5.7 million follow-on order from a leading defense prime contractor for its high-speed secure memory devices, to be integrated into an AESA radar system for a tactical airborne platform.

Mercury Systems was selected by a leading defense prime contractor to supply custom-engineered RF converter subsystems for an airborne tactical radar system, with an initial $3.5 million order.

Mercury Systems secured a $7.7 million follow-on order from an undisclosed defense prime contractor for BuiltSecure high-density secure memory devices, to be integrated into an airborne C2I computing system. The order was booked in Q2 of fiscal 2018 and will be delivered over several quarters.

Mercury Systems received a $3.2 million follow-on order from a leading defense prime contractor for high-speed, rugged memory devices integrated into an airborne command, control, and intelligence computing system.

Mercury Systems announced a definitive agreement to acquire CES Creative Electronic Systems for about $38 million in cash, adding mission computing and small-form-factor embedded computing capabilities. The acquisition is expected to close before the end of 2016.