Mercury Systems, Inc. (NASDAQ: MRCY), a leading provider of affordable, commercially developed, open sensor processing systems and services for critical commercial, defense and intelligence applications, announced it received a $23 million follow-on order from a leading defense prime contractor for high performance signal processing subsystems and related services for a surface ship radar application. The order was booked in the Company’s fiscal 2015 first quarter and is expected to be fulfilled over the next several quarters.
"We are pleased to continue our relationship with this longstanding customer," said Didier Thibaud, President of Mercury's Commercial Electronics business unit. "Mercury's renowned heritage in advanced and reliable radar signal processing subsystems and architecture has ensured our continued participation in this mission-critical defense program."
Source: Mercury Systems, Inc.
Date: Oct 1, 2014