Mercury Systems Announces Acquisitions of The Athena Group and Syntonic Microwave

April 19, 2019

Two acquisitions expand scale and breadth of Company’s security and RF capabilities
Deepen market penetration in core embedded security and EW markets
Open new growth opportunities in C4ISR, DoD research laboratories and Intelligence Community

Mercury Systems, Inc. (NASDAQ: MRCY, today announced the acquisitions of The Athena Group, Inc. (Athena) and Syntonic Microwave LLC (Syntonic). The all cash purchase price for both transactions was $46 million in total. Both transactions are subject to net working capital and net debt adjustments. The acquisitions were funded through Mercury’s existing revolving credit facility, and are not expected to have a material impact on Mercury’s financial results for the fourth quarter or full fiscal year 2019.