Mercury Systems (MRCY) Announces $7.9M Order for High-Performance Processing Systems

Mercury Systems, Inc. (NASDAQ: MRCY) today announced it had received a $7.9 million order from a leading defense prime contractor for high-performance embedded processing systems for a ground-based radar application. The order was received in the Company's fiscal 2022 third quarter and is expected to be shipped over the next several quarters.

Why It Matters:Mercury's advanced, highly reliable signal processing systems are a critical element in ground-based radar programs that deliver high-resolution actionable data in the most hostile environments, protecting military forces from advanced air and missile threats.

“This order underscores our customer’s confidence in Mercury to supply the proven purpose-built signal processing capabilities for critical mission-defining radar that helps keep our nation and allies safe,” said Joe Plunkett, vice president and general manager, Mercury Embedded. “As global security threats continue to grow, Mercury’s trusted, secure solutions, such as our powerful, high-performance processing systems, serve our customers’ mission and support those who serve us.”

Mercury envisions, creates, and delivers innovative technology solutions purpose-built to meet its customers most pressing high-tech needs. For more information, visit mrcy.com or contact Mercury at (866) 627-6951 or [email protected].

You May Also Be Interested In