Mercury Systems, Inc. (NASDAQ: MRCY) announced it received a $2 million follow-on order 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 by its fiscal 2017 third quarter.
“This follow-on order underscores the confidence our customer has in Mercury as a trusted partner in the development and deployment of this critical EW program,” said Charlie Hudnall, Vice President and General Manager of Mercury’s Embedded Sensor Products group. “With the rapid pace of innovation today, our commitment to flexible, standards-based RF, microwave and mixed-signal offerings is vital to our military’s ability to maintain dominance in the electromagnetic spectrum.”
Source: Mercury Systems, Inc.
Date: Aug 15, 2016