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Mercury To Acquire Electronic Warfare Company Physical Optics

Cal Biesecker By
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Mercury To Acquire Electronic Warfare Company Physical Optics
Mark Aslett, president and CEO of Mercury Systems. Photo: Mercury Systems

Mercury Systems [MRCY] on Monday said it has agreed to acquire Physical Optics Corporation (POC) in a $310 million cash deal that will broaden and complement its avionics and mission systems for the defense market. The deal, which is subject to regulatory reviews and is expected to close by Jan. 1, 2021, will further scale Mercury’s avionics and systems business, add data transfer and recording solutions, and expand content on new and existing airborne platforms. POC, which is based in…

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