Mercury Systems, Inc. (NASDAQ: MRCY), announced it received a $3 million order from a leading defense prime contractor to provide radio frequency (RF) subsystems for a naval satellite communications application. The order was booked in the Company’s fiscal 2016 third quarter and is expected to be shipped over the next several quarters.
“Mercury has forged a very close relationship with this company, working on a wide range of satellite communications systems and similar programs," said Didier Thibaud, Mercury’s Executive Vice President and Chief Operating Officer. "Our RF solutions are known for their maturity, reliability and performance, and we remain committed to supporting our customer’s performance goals and ultimate success."
Source: Mercury Systems
Date: Apr 19, 2016