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Business/Financial

Mercury Acquires Two Companies To Strengthen Defense Electronics Capabilities

By Cal Biesecker

Friday, April 19th, 2019

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Mercury Acquires Two Companies To Strengthen Defense Electronics Capabilities

Rugged microwave downconverter from Syntonic Microwave. Photo: Mercury Systems

Mercury Systems [MRCY] on April 18 said it has acquired two small developers and manufactures of defense electronics capabilities that will strengthen the company’s technology portfolio and boost the size of its potential market opportunities. Mercury said it paid $46 million combined for The Athena Group and Syntonic Microwave. The deals open new business opportunities in C4ISR, Defense Department research laboratories and the intelligence community, the company said. Mark Aslett, Mercury’s president and CEO, said in a statement that “similar…

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