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Mercury Systems Receives $16.1M Integrated Subsystems Order for Electronic Support Application

Mercury Systems Receives $16.1M Integrated Subsystems Order for Electronic Support Application

Specifications:

Name:

Mercury Systems Receives $16.1M Integrated Subsystems Order for Electronic Support Application

Location:

USA

Company:

Mercury Systems

Estimated Cost:

$16.1 Million

Source:

www.globenewswire.com

Mercury Systems, Inc. announced it received a $16.1 million follow-on order from a leading defense prime contractor for integrated radio frequency (RF) and digital subsystems for an advanced naval electronic support application. The order was booked late in the Company’s fiscal 2018 third quarter. Eight million of the order has already been shipped in the Company's fiscal 2018 fourth quarter, and the balance is expected to be shipped over the next several quarters.

The Company offers a broad portfolio of microelectronics solutions for a wide variety of defense electronics applications addressing the analog, digital and mixed-signal domains. By adopting open architecture standards, including OpenVPX™and OpenRFM™, Mercury provides an affordable, low-risk path for future capability enhancements addressing the threat environment of tomorrow.

“Receiving this follow-on order is proof of our commitment as a commercial supplier to deliver affordable, pre-integrated subsystems powering the most sophisticated electronic support applications,” said Didier Thibaud, Mercury’s Executive Vice President and Chief Operating Officer. “As our adversaries attempt to exploit the electromagnetic spectrum against us, we must continue supporting our warfighters with agile, high-performance capabilities required to advance our military interests around the globe.”