Mercury Systems, Inc. (NASDAQ: MRCY), a best-of- breed provider of commercially developed, open sensor and Big Data processing systems for critical commercial, defense and intelligence applications, announced it received $3.2M in follow-on orders from a leading defense prime contractor for digital signal processing modules for an unmanned airborne synthetic aperture radar (SAR) application. The orders are expected to be shipped by the end of Mercury’s fiscal 2014 second quarter.
“Mercury has forged a very close relationship with this defense prime contractor, working on a range of systems over many years and programs. Our solutions are known for their maturity, reliability and performance, and our team has earned a reputation for our commitment to supporting their performance goals and ultimate success,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit.
Source: Mercury Systems, Inc.
Date: Mar 1, 2013