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 $3.3 million in follow-on orders from Raytheon’s Integrated Defense Systems to provide OpenVPX™-based radar subsystems and spares for the Patriot Air and Missile Defense System. The orders were booked and shipped in the Company’s fiscal 2014 first quarter.
“Since 2009, Mercury has been a key supplier of OpenVPX-based radar subsystems for Patriot and we continue to deliver best of breed technologies and rapid deployment services that improve nearly every aspect of the system,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. “Working closely with Raytheon, we develop innovative solutions that meet stringent platform requirements and provide significant portability and performance.”
Source: Mercury Systems, Inc.
Date: Nov 1, 2013