Mercury Systems, Inc. (NASDAQ: MRCY), announced it received a $2 million follow-on order from a leading defense prime contractor for high-performance digital signal processing modules for a manned airborne synthetic aperture radar (SAR) application. The order was booked in the Company’s fiscal 2016 first quarter and is expected to be shipped by its fiscal 2016 second quarter.
“This order exemplifies how Mercury’s technology roadmap and close collaboration with our customer enables continuous advancement in the performance and quality of defense applications,” said Didier Thibaud, President of Mercury’s Commercial Electronics business unit. “We are committed to delivering innovative, affordable, commercial solutions that provide both a strategic and tactical advantage for the warfighter.”
Source: Mercury Systems, Inc.
Date: Oct 1, 2015