Mercury Systems, Inc. (NASDAQ: MRCY), announced it received a $4.4 million follow-on order from a leading defense prime contractor for high-performance digital signal processing subsystems for a manned airborne sonar application. The order was booked in the Company’s fiscal 2016 fourth quarter and is expected to be shipped over the next several quarters.
“Mercury's renowned heritage in advanced and reliable signal processing subsystems and architecture has ensured our continued participation in this mission-critical defense program,” said Didier Thibaud, Mercury’s Executive Vice President and Chief Operating Officer. “We are committed to delivering innovative, affordable, commercially-developed solutions that improve U.S. intelligence capabilities in global military operations.”
Source: Mercury Systems, Inc.
Date: Sep 12, 2016