Mercury Systems Receives $2.4 M for Radar Processor Subsystem Capabilities Upgrade for Missile Defense 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 $2.4 million order from a leading defense prime contractor to upgrade the radar processor subsystem capabilities for a missile defense application. The order was booked in the Company’s fiscal 2015 third quarter and is expected to be shipped over the next several quarters.

"Mercury’s long-term relationship with this prime contractor exemplifies our commitment to extending customer success over the entire life of a defense program and our ability to deliver critically important upgrades years after initial deployments," said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. "Our  rugged, high performance radar subsystems and rapid deployment services provide significant portability and performance in an affordable open systems architecture for our customer."

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Source: Mercury Systems
Date: Apr 9, 2015