Mercury Systems, Inc. (NASDAQ: MRCY), announced it received a $2.2 million follow-on order from a leading defense prime contractor for high-performance signal processing subsystems for a manned airborne radar application. The order was booked in the Company’s fiscal 2016 third quarter and is expected to be shipped over the next several quarters.
“Our work with this customer exemplifies the important role Mercury plays in delivering innovative, standards-based radar signal processing solutions that provide the affordability and modularity needed in today’s defense programs,” said Ian Dunn, Vice President of Mercury’s Embedded Products group. “Mercury continues to lead the market in leveraging commercially-developed technology to create open systems architecture-based high-performance subsystems that deliver value for our customers across multiple generations of platforms and programs.”
Source: Mercury Systems
Date: Mar 15, 2016