Mercury Systems, Inc. (NASDAQ: MRCY), announced that it received a $15.4 million follow-on order from a key government agency to deliver a sophisticated radio frequency (RF) digital and processing subsystem solution for an advanced electronic warfare (EW) application. The order was received in the Company's fiscal 2016 third quarter and is expected to be shipped over the next several quarters.
“This order exemplifies our proven expertise in the design and manufacture of RF and microwave subsystems for defense customers,” said Didier Thibaud, Mercury’s Executive Vice President and Chief Operating Officer. “We're proud to deliver advanced RF solutions that improve the performance of our customers’ systems and our military’s ability to carry out vital electronic warfare operations.”
Source: Mercury Systems
Date: Apr 4, 2016