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 $5.9 million in orders from a leading defense prime contractor for digital signal processing modules for a manned airborne multi-mode surveillance radar application. The orders were booked in the Company’s fiscal 2015 fourth quarter and are expected to be shipped in its fiscal 2016 first quarter.
“Mercury’s decade-long 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.
Source: Mercury Systems
Date: Jul 8, 2015