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Business/Financial

Mercury Systems Completes Acquisition Of American Panel

By Cal Biesecker

Monday, September 23rd, 2019

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Mercury Systems Completes Acquisition Of American Panel

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

Mercury Systems [MRCY] on Monday said it has completed its $100 million cash acquisition of American Panel Corporation (APC), expanding its capabilities in the avionics market. Mercury in July disclosed that it had agreed to acquire APC, which had $36 million in sales for the one-year period that ended in June. APC will add a scalable display system to Mercury’s C4I business. APC, which is based in Georgia, makes tactical displays for military aircraft, land systems, maritime systems, and commercial…

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