Aerospace Group:

Business/Financial

Mercury Computer Acquires Defense Electronics Firm LNX

DDN

Friday, January 21st, 2011

SHARE:

Mercury Computer Systems [MRCY] this month acquired LNX Corp., a developer and producer of defense electronics components used in intelligence gathering platforms, for $31 million in cash. Terms of the deal include an additional $5 million earn-out provision based on financial results this year and next. For Mercury, which is a subsystems provider in the area of technology used for intelligence, surveillance and reconnaissance (ISR), the deal bolsters its electronic warfare (EW) capabilities and boosts its content on the Navy's…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]