Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), announced it received a $9.8 million follow-on order from a leading defense prime contractor for advanced subsystems with integrated radio frequency (RF) and digital microelectronics for a naval electronic warfare (EW) application. The order was booked in the Company’s fiscal 2019 second quarter and is expected to be shipped over the next several quarters.
Mercury Systems is a pioneer in high-performance, modular open system architectures integrating mixed-signal processing technologies for the most demanding electronic warfare applications. The Company offers a complete portfolio of electronic warfare building blocks including OpenVPX™ microwave transceivers, field programmable gate array (FPGA)-based intermediate frequency (IF) and direct conversion solutions and clock generation and distribution modules. Through adherence to the OpenVPX standard, these products support rapid development of front-end digitization and real-time processing technologies for next-generation EW systems.
“This prominent order further reaffirms Mercury’s leadership position in the design and manufacturing of affordable, high-performance microelectronics delivering a strategic and tactical advantage to our nation’s warfighters operating in harsh and unpredictable electromagnetic environments,” said Neal Austin, Vice President and General Manager of Mercury’s Embedded Sensor Processing group. “All of our employees are deeply committed to supplying microelectronics of the highest quality to our valued defense prime contractor customers and the U.S. warfighter.”
Source: Mercury Systems
Date: Jan 21, 2019