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, confirmed it had received $6.9 million in follow-on orders from Lockheed Martin for high performance signal processing subsystems as part of the U.S. Navy’s Aegis Ballistic Missile Defense (BMD) upgrade program. The orders were booked in the Company’s fiscal 2013 third quarter and are expected to be shipped within its fiscal 2013 fourth quarter.
“We are extremely pleased to continue our relationship with this longstanding customer,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. “Mercury’s commitment to providing the most advanced and reliable signal processing systems and architecture has ensured our continued participation in this mission-critical defense program.”
Source: Mercury Systems, Inc.
Date: May 7, 2013