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 that its Mercury Defense Systems subsidiary recently received a $2.7 million order from a leading international aerospace and defense company for radar environment simulation equipment. The order was booked in the Company’s fiscal 2015 fourth quarter and is expected to be shipped over the next several quarters.
Brian Perry, President of Mercury Defense Systems, said, "These orders reaffirm Mercury’s commitment to continually upgrade and refresh our customers’ radar environment simulators with the latest open architecture, standards-based products. The ability to simulate and stimulate airborne radars with realistic targets, threats, background clutter and synthetic imagery is critical to providing useful and effective testing capability. Many of our fielded systems have been in continuous operation for more than eighteen years, a true testament to their performance, quality and reliability.
Source: Mercury Systems
Date: Jul 28, 2015