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 $4.4 million follow-on order from an international customer for high performance digital signal processing subsystems for a naval radar application. The order was booked in the Company’s fiscal 2015 fourth quarter and is expected to be fulfilled over the next several quarters.
“Mercury’s years-long relationship with this customer underscores our deep expertise in designing and building advanced radar subsystems and architectures that address the evolving needs of today’s naval environments,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. “Our collaborative approach has enabled us to develop innovative solutions that meet stringent performance, reliability and affordability requirements.”
Source: Mercury Systems
Date: Jul 9, 2015