Mercury Systems Inc. announced that it has acquired Oxnard, California-based Delta Microwave LLC, a designer and manufacturer of RF, microwave and millimeter wave sub-assemblies for the military and space markets. The purchase price is $40.5 million in cash and the deal is projected to generate significant cost synergies and tax benefits from the transaction. Delta had 2016 revenues of $12.8 million and the company is projecting rapid growth based on its backlog of funded orders.
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