Mercury Systems, Inc. (NASDAQ: MRCY), announced it received a $4.7 million contract from a U.S. government facility for advanced digital transceivers for an electronic warfare (EW) application. The order was booked in the Company’s fiscal 2016 fourth quarter and is expected to be shipped over the next several quarters.
“Our customer selected Mercury for our ability to rapidly deliver affordable, high-performance transceivers in support of their critical EW defense program,” said Charlie Hudnall, Vice President and General Manager of Mercury’s Embedded Sensor Products group. “We're proud to deliver advanced digital offerings that enhance the capabilities of our customers’ systems and our military’s ability to maintain dominance in the electromagnetic spectrum.”
Source: Mercury Systems
Date: May 25, 2016