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Business/Financial

Mercury Systems To Acquire Display Manufacturer American Panel Corporation

By Cal Biesecker

Wednesday, July 31st, 2019

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Mercury Systems To Acquire Display Manufacturer American Panel Corporation

APC's 2150 display head assembly is installed in the F-35 fighter. Photo: APC

Mercury Systems [MRCY] on Tuesday said it has agreed to acquire American Panel Corporation (APC) for $100 million in cash, adding the development and manufacture of military and commercial aerospace display systems to its C4I business. Mercury said the deal is expected to close in the current quarter. Georgia-based APC had $36 million in sales for the one-year period that ended in June. APC makes tactical displays for military aircraft, land systems, maritime systems and commercial aerospace. The company’s products…

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