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PENDING AMERICAN PANEL CORPORATION ACQUISITION BY MERCURY SYSTEMS, INC.

August 29, 2019 by

 

 

 

 

29 Aug 19.  American Panel Corporation (APC), the world’s leader in custom AMLCD products for both avionics and vetronics applications, is pleased to announce that they have been chosen for acquisition by Mercury Systems, Inc., (NASDAQ: MRCY), an innovative aerospace and defense company. Two years ago, Mercury established the Mission Systems group and began its expansion into mission computing, safety-critical avionics and platform management with the acquisitions of Creative Electronic Systems (CES) in Geneva, Switzerland; Richland Technologies in Duluth, Georgia; and earlier this year GECO Avionics in Mesa, Arizona. APC will add a new, significant capability to Mercury’s Mission Systems group.

As Mercury’s first acquisition of an optical display component company, APC offers many years of both aerospace and ground vehicle application display experience to the table while Mercury brings a wide presence in mission critical and safety certified systems and components to APC.

APC is a privately held corporation, which has excelled in delivering the highest quality optical display components to first tier avionics and vetronics integrators since 1998, with well over 120,000 display components provided to customers worldwide.  APC, in its acquisition agreement by Mercury, intends for “business as usual” with all existing partners, customers and suppliers.  The same people and products will remain available to support existing and future requirements-based display needs where product  performance under extreme operating conditions  is preeminent. Once the acquisition closes, APC will become a subsidiary of Mercury Systems, Inc. and all customer information provided to APC will remain protected under current non-disclosure agreements.

Jamie Boulet, APC’s Manager of Business Development said, “This is just the beginning of great things to happen for the future, in combining the strength of APC with a proven aerospace leader such as Mercury Systems.”

About American Panel Corporation (APC)

American Panel Corporation specializes in display products that are installed in defense tracked and wheeled vehicles as well as military and commercial aircraft. In order to fully meet demanding environmental and optical requirements without making critical trade-offs in performance, APC designs, develops and manufactures highly specialized LCD display products. These displays are installed by vetronics and avionics integrators worldwide.

For further information about APC display products or technology, please feel free to contact Mr. Jamie Boulet () for further information.

American Panel is displaying its range of advanced vehicle displays in Booth No. N5-263 at DSEI 2019.

For further information about APC display products or technology, please feel free to contact Mr. Jamie Boulet () for further information.

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