:

Business/Financial

Mercury Systems Acquires Small RF Company Atlanta Micro

By Cal Biesecker

Monday, November 29th, 2021

SHARE:

Mercury Systems Acquires Small RF Company Atlanta Micro

Bypassable gain block amplifier supplied by Atlanta Micro. Photo: Mercury Systems

Mercury Systems [MRCY] on Monday said it has acquired Atlanta Micro, a small designer and manufacturer of high-performance radio frequency (RF) modules and components, in a deal that deepens its footprint in the electronic warfare, radar and weapons markets. Mercury said it paid cash for Atlanta Micro, which is expected to generate about $16 million in sales in 2022 and deliver adjusted operating margins above 30 percent. Mercury said the acquisition is expected to be immediately accretive to its adjusted…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]