Cicor Technologies Strengthens European Defense Sector Leadership Through Strategic Partnership and Acquisitions

An update from Cicor Technologies ( (CH:CICN) ) is now available.

Cicor Technologies has finalized a strategic supply partnership with Mercury Mission Systems International, acquiring Mercury’s electronics production site in Geneva and planning to relocate production to its UK and Swiss sites. This move, along with recent acquisitions in France, Morocco, and Spain, enhances Cicor’s position as a leading provider of mission-critical electronic solutions in the European aerospace and defense sector.

The most recent analyst rating on (CH:CICN) stock is a Buy with a CHF64.00 price target. To see the full list of analyst forecasts on Cicor Technologies stock, see the CH:CICN Stock Forecast page.

More about Cicor Technologies

The Cicor Group is a globally active provider of electronic total solutions, offering services from research and development to production and supply chain management. With approximately 4,300 employees across 12 countries, Cicor serves leading companies in the medical, industrial, aerospace, and defense sectors. The company is known for its customer-specific development solutions, high-tech components, and manufacturing of electronic devices, creating added value for its clients. Cicor Technologies Ltd. is publicly traded on the SIX Swiss Exchange.

Average Trading Volume: 14,576

Current Market Cap: CHF582.7M

For detailed information about CICN stock, go to TipRanks’ Stock Analysis page.