Anaren Inc.

TTM Technologies acquired Anaren, a provider of RF products for defense and commercial communications, for $775 million. The deal expands TTM's capabilities in RF design and is expected to be immediately accretive to non-GAAP earnings.

TTM Technologies Inc. agreed to buy Anaren Inc., a DeWitt-based radar components maker, for $775 million. The acquisition is expected to close in the first half of 2018.

TTM Technologies has agreed to acquire Anaren from affiliates of Veritas Capital for approximately $775 million in cash, combining TTM's PCB manufacturing with Anaren's RF components and subsystems.

Unicircuit, Inc., a subsidiary of Anaren, Inc., received a $7.8 million order from a leading defense prime contractor for hardware support of an airborne radar application. The order was booked in Q3 2017 and is expected to ship over the next several quarters.

Anaren Inc. announced that its subsidiary Unicircuit has been selected by Lockheed Martin to receive orders in excess of $40 million for microwave assemblies supporting the Long Range Discrimination Radar (LRDR) system. Work will be completed by Q4 2018.