Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com ), 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 $3.2 million in follow-on orders from a leading defense prime contractor for digital signal processing modules for an unmanned airborne synthetic aperture radar (SAR) application. The orders were booked in the Company’s fiscal 2015 third quarter and are expected to be shipped over the next several quarters.
“Mercury has forged a very close relationship with this defense prime contractor, working on a range of systems over many years and programs. Our solutions are known for their maturity, reliability and performance, and our team has earned a reputation for our commitment to supporting their performance goals and ultimate success,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit.
Source: Mercury Systems
Date: Feb 5, 2015