Mercury Receives $10.5M RF Seeker Order for Precision Guided Munitions Application

Mercury Receives $10.5M RF Seeker Order for Precision Guided Munitions Application

ANDOVER, Mass. - July 17 2017 - Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), announced it received a $10.5M follow-on order from a leading defense prime contractor for high-performance microwave transceivers for precision guided munitions. The order was booked in the Company’s fiscal 2017 fourth quarter and is expected to be shipped over the next several quarters.

“Mercury Systems continues to play a key role in supplying advanced state-of-the-art microelectronic based components and subsystems to our prime customers and the United States Government,” said Charlie Leader, Senior Vice President and General Manager of Mercury’s Advanced Microelectronics Solutions group. “This order reflects Mercury’s ongoing commitment to support our customers with high performance, reliable and affordable solutions necessary to protect our nation’s interests around the world.”

Source: Mercury Systems, Inc.
Date: Jul 19, 2017