Mercury Systems, Inc. (NASDAQ: MRCY), a leading high-tech commercial provider of more affordable secure and sensor processing subsystems powering today’s critical defense and intelligence applications, announced it received a $2.5 million follow-on order from a leading defense prime contractor for high-performance digital signal processing modules for use in unmanned airborne synthetic aperture radar (SAR) and ground moving target indication (GMTI) radar applications. The order was booked in the Company’s fiscal 2015 second quarter and is expected to be shipped by its fiscal 2015 fourth quarter.
“This order underscores our role as a trusted partner to this prime contractor and is a testament to our success in delivering innovative technology that meets or exceeds their expectations,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. “For decades, our advanced, highly reliable signal processing systems have provided exceptional value and performance in SAR programs and we expect to continue working together on future programs that provide critical, actionable information."
Source: Mercury Systems
Date: Dec 16, 2014