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Cicor Forms Strategic Alliance with Mercury, Strengthens European Defense Position

Cicor Technologies Ltd, a prominent entity in electronic solutions, has solidified a strategic supply partnership with Mercury Mission Systems International S.A. (Mercury). This move marks the acquisition of Mercury's electronics manufacturing site in Geneva, Switzerland, which hosts 34 employees. Future production will transition to Cicor’s facilities in the UK and Switzerland over 18 months.

This partnership includes a five-year product sourcing commitment from Mercury, alongside intentions for long-term collaboration, expected to boost revenues. Cicor's selection as Mercury’s outsourcing partner is attributed to its technological prowess and European footprint.

Further consolidating its market stance, Cicor's recent acquisitions in France, Morocco, and Spain emphasize its leadership in the aerospace and defense sector. This alliance underpins Cicor’s strategy to be a key provider of mission-critical electronic solutions across Europe.

R. H.

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