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…
Recommended
SpaceX’s IPO Filing Gives First Look Into Company’s Financials
Trending
Congress Updates
Warren And Sheehy Renew Call for “Right to Repair” In NDAA
Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]
HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy
The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]
Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC
A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]
HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps
The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]