Sign In
Search
Business/Financial

Mercury Computer Acquires Micronetics

Defense Daily Staff Defense Daily Staff
SHARE:

Mercury Computer Systems, Inc. [MRCY] yesterday said it has completed its $72 million cash purchase of Micronetics, a designer and manufacturer of microwave and radio frequency components and subsystems for defense and commercial customers. The transaction has an enterprise value of $74.9 million, about $500,000 less than when the deal was first announced in June, including $3.2 million in net debt. “The acquisition is directly aligned with our strategy of expanding our capabilities, services and offerings along the sensor processing…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Sidus Space Looks to Raise $25M in Public Offering

Business/Financial

HawkEye 360 CEO Says ISA Buy Will Bolster Hawkeye’s Signals Analysis and Financial Position With Acquisition Of ISA

Business/Financial

Trump To Defense Industry Leaders: Slash Executive Pay, Dividends And Buybacks In Favor Of Production Investments

Business/Financial

CACI Makes Play To Bolster Space Capabilities With $2.6 Billion Bid For ARKA Group

Trending

Still Early Days But DoD Taking Positive Steps To Improve Acquisition, Lynn Says Ahead Of Exit
Coast Guard Awards $3.3 Billion In Polar Icebreaker Contracts To Bollinger And Rauma
Boeing Awarded $8.6 Billion Deal To Build Israel’s New F-15IA Fighter Jets
Tory Bruno Hops From ULA, Skips To Blue Origin
Lockheed’s Venture Arm Invests In Battery Technology Company South 8

Contract Updates

Hartech Group LLC (New Port Richey, Florida) – $10,153,033

Hartech Group LLC, New Port Richey, Florida, has been awarded a maximum $10,153,033 firm-fixed-price contract for three high precision jig grinders with Fanuc controllers. This was a sole-source acquisition using justification 10 U.S. Code 3204 (c)(1), as stated in Federal…

Lockheed Martin Space (Sunnyvale, California) – $142,621,543

Lockheed Martin Space, Sunnyvale, California, is being awarded a $142,621,543 noncompetitive, cost-plus-incentive-fee, cost-plus-fixed-fee, and firm-fixed-price contract modification (P00073) under a Foreign Military Sales (FMS) case to the United Arab Emirates (UAE). The total value of the contract increased to $876,747,896.…

Amentum Services (Chantilly, Virginia) – $10,645,952

Amentum Services, Chantilly, Virginia, was awarded a $10,645,952 cost-no-fee, time-and-materials modification (P00074) to contract W58RGZ-25-C-0004 to provide global aviation maintenance services. The modification brings the total cumulative face value of the contract to $158,855,989. Work will be performed in Schofield…

General Electric Co. (Lynn, Massachusetts) – $26,950,000

General Electric Co., Lynn, Massachusetts, was awarded a $26,950,000 cost-plus-incentive-fee modification (P00100) to contract W58RGZ-19-C-0003 to support the engineering and manufacturing development of the improved turbine engine. The modification brings the total cumulative face value of the contract to $862,954,255.…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume