Mercury Systems Receives $2.3M Order for Advanced GPS SAASM Devices

Mercury Systems, Inc. announced it received a $2.3M follow-on order from a leading electronics manufacturer for state-of-the-art GPS Selective Availability Anti-Spoofing Modules (SAASM) devices for an undisclosed application. The order was booked in the Company’s fiscal 2018 second quarter and is expected to be shipped over the next several quarters.

The Company’s Defense Microelectronics Activity (DMEA)-accredited facility in Phoenix, Ariz. will manufacture the devices in a secure and trusted environment. In addition to SAASM devices, Mercury’s digital microelectronics portfolio includes BuiltSecure™ high-density secure memory, secure solid-state storage and custom-engineered system-in-package (SiP) devices. All of the Company’s digital microelectronics solutions are optimized for size, weight, power and affordability.

“Receiving this follow-on order reaffirms how Mercury’s next generation business model delivers value throughout the entire defense supply chain,” said Charlie Leader, Senior Vice President and General Manager of Mercury’s Advanced Microelectronics Solutions group. “Our domestic advanced microelectronic centers uniquely position Mercury as a commercial supplier of trusted microelectronics for secure sensor and safety-critical processing subsystems to the defense industry.”

Source: Mercury Systems
Date: Dec 14, 2017