API Technologies Corp. (ATNY.OB) Announces Acquisition of Kuchera Group
API Technologies Corp. is a prime contractor in secure communications, electronic components and subsystems to the global defense and aerospace industries. The company's customers include US government agencies such as the Department of Defense and its prime contractors such as Raytheon, Northrup Grumman and General Dynamics. The company announced today that it has acquired substantially all of the assets of the Kuchera Group of Companies, including Kuchera Defense Systems Inc. and Kuchera Industries Inc. The Kuchera Group of Companies is a US-based defense subcontractor specializing in sophisticated electronics and highly-engineered systems for the communications, defense and aerospace industries. Under the…