Mercury Receives $4.3M Order for High Performance Signal Processing Subsystems for Ship-Borne Radar Application
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 $4.3 million follow-on order from a leading defense prime contractor for high performance signal processing subsystems for a ship-borne radar application. The order was booked in the Company’s fiscal 2015 second quarter and is expected to be shipped by its fiscal 2016 third 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.”
World LiDAR Market - Opportunities and Forecast, 2015 - 2022
Source : Mercury Systems - view original press release