Mitch Stevison, formerly a vice president at Raytheon Technologies‘ (NYSE: RTX) missiles and defense business, has been appointed executive VP and chief growth officer of Mercury Systems (Nasdaq: MRCY). He brings more than 16 years of aerospace and defense industry experience to his new position and will be responsible for driving Mercury̵...
Mercury Systems (Nasdaq: MRCY) has agreed to acquire Avalex Technologies for an undisclosed sum to expand its display offerings and mission processing capabilities and scale its avionics and mission systems business. Andover, Massachusetts-based Mercury said Monday it aims to complete the acquisition in the second quarter of its 2022 fiscal year. Av...
Thomas Huber, formerly a managing director and partner at Boston Consulting Group, has been named executive vice president and chief transformation officer of Mercury Systems (Nasdaq: MRCY). He will lead a company-wide initiative, dubbed 1MPACT, to create value for customers and shareholders over the next five years, Mercury Systems said Tuesday. �...
Mercury Systems (Nasdaq: MRCY) has purchased Pentek for approximately $65 million as part of efforts to expand software-based radio, radio frequency system-on-chip and data recorder offerings. “The acquisition of Pentek is an excellent fit for our market and low-risk content expansion strategy,” Mark Aslett, president and CEO of Mercury and a 20...
Mark Aslett, CEO of Mercury Systems, was announced as a 2021 Wash100 Award recipient on Tuesday for making key acquisitions and driving company revenue and value while also pushing for COVID-19 relief to address the unique challenges created in 2020. Visit ExecutiveBiz to read Mark Aslett’s full 2021 Wash100 Award profile. To vote for him...
Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, will proudly present the 2021 Wash100 Award, the most prestigious and prominent award in all of GovCon, to the 100 distinguished executives who have demonstrated excellence in leadership, innovation, ...
Mercury Systems (Nasdaq: MRCY) has completed its $310M purchase of technology integrator Physical Optics Corp. as part of avionics and mission systems market push....
Mercury Systems (Nasdaq: MRCY) has agreed to purchase Torrance, California-based defense systems integrator Physical Optics Corp. for approximately $310M in cash to expand the former's global avionics and missions systems portfolio. Mark Aslett, president and CEO of Mercury, said the deal would expand platform and mission management content on ...
Orlando Carvalho, a 38-year veteran of Lockheed Martin (NYSE: LMT), has been named to Mercury Systems' (Nasdaq: MRCY) board of directors....
Mercury Systems (Nasdaq: MRCY) has finalized its acquisition of large area display technology developer American Panel Corp. for approximately $100M....
